Is it in a neighborhood full of families, or is the neighborhood already full of student rentals? Please don’t do it if it’s the former. We lived that nightmare for a few years. The house next door was foreclosed on, and the guy rented it to as many students as he could. It seemed to be the football team clubhouse for one year and an unsanctioned frat house for a couple more.
But also check local laws to see how many people you can rent it to. Ultimately that’s what saved us. The code here says only 3 unrelated people may rent a single family dwelling. That wasn’t enough for him to make it profitable and he sold it.
And all groups completely trashed the place. It was nice when he bought it. We took care of it for the previous owners when they moved overseas. When the last group of kids left, they left the side door standing wide open. It was like that for 2 weeks until I called the real estate agency overseeing it. Trash covering the entire floor knee deep, large holes in the walls, alcohol bottles everywhere.