It's less competition in this market I think. 

My biggest fear with the syndicate is the length of the and lack of control.

When they go to sell they find this out when they have no equity in the deal. 2) they go for the interest rate, which can be refinanced down, instead of the purchase price that can’t be changed after purchase. 3) the location and product are carbon copy with their competition.

competition is fierce in every area.

Adding teams/schools that aren't in a competitive system.

Just because you don't make any money on them, doesn't mean you aren't responsible, along with the source of the actual plans, for any mistakes in the plans, or even any mistakes in construction from lack of info, misunderstanding, or just plain stupidity of the builder/user of the plans.

Plus all apartment complexes that rent to students offset the lack of tenants for 3 months during the summer by putting a premium on their rents.

I can usually save a decent amount, especially if I keep eyes out for deals and buy when these items are priced most competitively and not necessarily when I need them.Using the bathroom remodel apartment as an example, I will spend $1,500 more per unit than most of my competitors who renovate in the same market but that $1,500  (5% of my apartment renovation budget) gets me  oversized soaking tub in most units, nicer tiled bathrooms, counter tops that don't look like every other apartment in the neighborhood & a step up in appliance package and better quality fixtures.

Additionally, I personally like the Northeast market, much less competition since people interpret the tenant friendly aspect as more challenging, but with that comes less competition.

Yours is a very nice-looking house and property, just has competition in your market.