Your choice of a market may come down to the location of the land. Renters with families may want a particular school district. Some renters will want to be near work options and public transportation and avoid commuting. Some will want to be close to medical care and grocery stores. It’s important to figure whatever your target market wants and give it to them to enhance your investment. You can get more information on Commercial Loans With No Proof Of Funds.

All of these markets may have needs and interests that make a specific property more desirable.

An apartment may be near a college or university, making it a good rental for students, an ever changing group. While there are likely to be upkeep and damage issues, landlords can learn to cope with the various problems.

For one landlord, the problem of a rowdy group of young guys went away when they blew up the only toilet during a party. The unit was instantly uninhabitable and some of the partiers were arrested. The renters were out without having to be evicted by the landlord.

Instead they sort of managed their own eviction. The landlord said they were unable to replace the toilet any time soon so the rats with the firecrackers wandered away to some other place, public indecency being a problem they couldn’t ignore without being arrested…again. They were also charged with property damage to the building.

Such foolishness tends to be its own reward. The legal fees alone were a problem for them.

These types of problems notwithstanding, students like to have amenities like community pools, exercise rooms and laundries in apartments. Shared facilities tend to be a security risk because people often use them at night and they may be alone. Many young people go around in groups for many of their activities, though not always.

Students also want a pizza place nearby and some attractions within walking distance. Married students may like a place that is quieter than single ones desire. It depends.