Before the obligatory “don’t rent to students”: I live in an area with 5 major universities within an hour drive from me, one of which I used to attend and rent in, and know the rental market is HOT as the population in that city is expected to double within the next 5-7 years.
I’m considering purchasing a house that is a 4×2 and renting the house out per room to college students as it is common in the area.
The house is about a 7 minute drive from two different universities.
My main concern is that other than the master bedroom that has its own bath, the other bedrooms are 9×9 and are sharing a not-so-large bathroom. I’m not sure exactly how to work around this.
Would that be too small to rent out to college students?