In the College Communities near me, the Owners of properties providing Student Housing are not doing so voluntarily or by choice; but rather due to the unfortunate location that their property is in, and they are often more interested in simple property preservation rather than eeking out a return that would be considered an ROI (Return on Investment).
They're hardly a "passive" investment because of the continuous destruction, are often close to un-insurable, and are often almost un-marketable to anyone with a brain.
But there's a buyer for everything . . . . if you live long enough.
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"