College students are less than ideal to me because they are only likely to stay 1 year if not demand a 9 month lease, they are young and do not yet have appreciation for property ownership, and many are renting out their very first property so they have no experience.  

Sometimes there can be factor of external obsolescence that will keep that part of town from ever being in as much demand as the others, but  more often than not the growth will spread to fill in. 

To make things simpler and get your money up front instead of chasing him on the back end and probably paying some legal fees to boot, ask (or rather demand) a buyout.

That sounds pretty good but I'm not sure what mhps should demand. As

2) If the applicant has a kid that is turning 18 "shortly" (a few days or weeks) can you demand a rent app?

The town where I work has zero rental houses available (though a few apartments and mobiles are ) therefore I am uncertain of the demand . A

Most markets would demand a cap rate of at least 6%...many much higher. 

Hey, MischaI have flip a bunch of houses with pools in the baltimore area, and they often demand a premium.

What we generally due is instead of looking at an investment from a cost of capital or weighted cost of capital basis is to use a hurdle rate, an interest rate at which we demand a specific return.

I would still demand a steep discount on any property with a foundation issue because I know there would be very few, if any, offers on it and it may hurt me later if I had to disclose any repairs I made.Have you considered contacting someone who does foundation repairs for a detailed assessment of the issue and an estimate on the repair cost?