The penalties seem harsh and I wonder if those will adjust, but they put in things for plumbing out, property damage etc

After talking to the city, we were advised to turn in drawings of as-is for permitting and adjust accordingly. 

Nothing stays the same in RE you adjust to market conditions.

Depending on who can live off campus will determine if your turnover will be yearly.Management Intensive - You are not dealing with one family, but four students in a house.

You must investigate so intensely regarding any houses that interest you before deciding to buy one.

These people who argue for collapse often point out things like: - Real Wages, adjusted for inflation, are going down over the decades.

Establish your objectives and adjust your investing plan accordingly.

This property likely will not appreciate faster than inflation which implies in inflation adjusted dollars there is no appreciation

I was just mentioning the difference on the fierce and intense desire to learn this stuff as opposed to now.

Were it me, I'd start with just a legal-ezee sounding "cease and desist" letter, nicely requesting they adjust their camera on the basis of privacy concerns, and I'd be keeping all documentation in case it escalates.