Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Eventually I want to have a go to foundation contractor as well given the fact foundation repair is so common in our area as homes age.

I used to go medium oak on the theory that if it looks like the most common hardwood floor color, it will get less scrutiny than some picture of exotic hardwood. +1 on Ben Moore Navajo White!

Obviously the tenant hope of bringing in more occupants (and sharing more common area space/bathrooms as a sacrifice) would be to lower the rental cost per person.  

As a newbie, it is easy, and common, to head down multiple paths chasing shiny bright objects, with many of those paths just leading to time wasting and increased experience in learning what you don't want to do.

Quote from @Emily Mohr: Software is a common question on BiggerPockets.

Check how many electrical meters there are, and if there is one for the common area. 

Interesting to hear that people aren’t familiar with this as it is very common.

Structure the agreement using tenants-in-common or joint tenancy, outline a co-ownership agreement, and consider financing options like co-signing the mortgage.

It is very common to see some seems open up (especially on cheaper made brands) over time.I've also noticed that if a floor has a low spot that is parallel with the planks it can keep the planks from locking fully.