hi,

there're positive cashflow/profit rental properties around.. the only catch is, there's alot of research/homework that you need to do to find them..

that was why someone made a quote saying "profit is made when you buy.. not when you sell".
it simply means.. you don't commit to a business purchase when your due diligence telling you that you're making a monthly loss..

that monthly loss is real.. capital gain can sometime be a false rainbow trail.. (that's how some flippers ended up in a mess.. look at the USA)

it's actually a compulsory these days.. if you know how to protect yourself as a landlord.. even for deposit, there're a few types..

students do come and go.. and the cycle can be as short as per-semester basis. thus, there's a lot of work involve in keeping the property occupied.

if you work closely with the school/college, it would be much easier on your part, right?

a 1-year advance rental can be quite alot.. have you considered per-semester rental?

looks like you've got a good setup there..
did you create additional partition to your unit to accomodate more rooms?