Student rentals in State College, PA are always a hot commodity. Rented correctly and priced correctly they bring a very high price for the type of property they usually are. For inbstance, the last two bedroom donwtown student rental in State College, PA sold for $269,900 in a matter of hours.  Outside of the downtown area that same type of unit would probably sell for less than $150,000.  These units are highly liquid and bring great returns on investment but aren't exactly risk free either.  There are many rules and regulations you must abide by as an owner of a student rental in State College, PA. In the State College Borough-If the rental is located in the State College Borough depending on the zoning, it must be permitted specifically for students.  You can't just buy any home or ... 08/25/2013

Most of us in State College, PA know Memorial Field for the quaint sporting venue that it is.  Most of the locals also know that it sits on a pretty large sinkhole.  A Brief History-The school district acquired the sinkhole, I mean field, back in 1914 when it was purchased for $3,042 from a local resident.  At the time it was being used as the town dump.  A few years later the district improved the "Hollow" into a playground.  In the 1920's the local Rotary Club paid to have a running track installed around the perimeter.  In the 1930's the school district developed a plan to create a full size football field and playground.  One of the administrators suggested they apply for a WPA grant which was accepted.  The first football game was played here in 1937. In the early 2000's an artific... 05/12/2013