There is limited online information about them, except that they have a C+ rating on BBB, and they do not provide an address on their website.

This part of town seems to offer more affordable options while still being relatively safe and convenient for students.The goal is to:Provide housing for our daughter and her friends starting January 2026 (spring semester).Structure the purchase as a primary residence, so we can qualify for better mortgage terms.Include myself, my husband, and my daughter on the mortgage application to strengthen our position and meet the owner-occupied requirement.Convert the property to a full rental down the road once she graduates.We think the $30,000 should cover a 5–10% down payment plus closing costs under the primary residence structure, and the property would serve as both a short-term housing solution and a long-term investment.Would love advice from the community on:Does this sound like a smart way to combine student housing with a first-time real estate investment?

This keeps you compliant and prevents surprises with the IRS.Plan for multi-state filings if applicable: If your property is out-of-state, you may need to file non-resident state tax returns.

@Camille Hoheb - because new builds are primarily outside of city limits. 

Smaller and you limit your pool of applicants.  

@Paul De Luca we've been dropping rents, and getting prospects to show up, but we're having a tough time getting past the application stage to lease.  

Fees vary, but expect a few grand between permit, plan review, impact fees, and utilities.My advice — do a pre-application meeting with the city or county before you close on land.

Late to the party but I find it is usually due to an angry applicant who got disqualified due to being low credit score, or some of the other red flags that indicate a low performing tenant. 

Online Applications & ScreeningYou can collect rental applications and screen tenants all within the platform.

And it is getting less frequent with each version that changes are needed from what ChatGPT came up with if using a sufficiently detailed and limiting prompt.