They have built two new dorms, that are already at capacity.

Ask for an occupancy history, have them show it on a monthly basis for the last couple of years so you know whether those rents are at full capacity or how many months something was unoccupied.

AC systems condense moisture first, then cool the air if there's any capacity left over.Some systems may be limited as to how low the suction side pressure (and associated evaporator temperature) can go.

Just depends on how much capacity the base has for those folks and how inclined those short term personnel would be to want to live off base.

I feel if I had, I would have been more willing to accept poor performance for the sake of a friendship.When looking for an agent, I look for one that offers me exceptional value - either I've worked with them (in their capacity as an agent), or their online presence (reviews) tells me they're gonna work hard for my dollar.

Even if you’re not operating in both capacities at the same time.

So, you generally want to seek out properties that are low-value/low-quality in markets with a high capacity for value/quality - the run-down property in the nicer neighborhood.

In what capacity was that? 

They do not have the capacity or training to process such investments, and more importantly, a way to earn commissions on real estate. 

You could use an attorney as the QI but it is recommended that they only act in that capacity and do not provide legal advice.