If your VR will allow more people then definitely a higher bed count would be higher occupancy= more profit and yes maybe more headaches too

Count your chickens when they hatch and your profits when you sell.

This is nickel and dime stuff but everything counts. 1) could you contract with the cable company to get a kickback for tenants who sign up with them2) could you sell renters insurance to your tenants and get a small kickback3) if your electric is deregulated, you could get a small kickback from the electric company for choosing which plan the tenants use.A lot of this may be regulated by the state you are in so not sure if it will work.

Don't count on cash flow being above $800, rents are simply too low.Not worth even a side glance.

The building is located on a arterial road with high traffic counts. 

What are the daily traffic counts?

That all expenses counted calculation can be a real eye opener. 

@Kyle Inbody If you are seeking a Fannie/Freddie loan, your full time student designation does actually count for work history.

And even if that rental isn't cashflowing, you're still building equity (if you're paying down the mortgage) and may be able to benefit from appreciation someday (not that it should be counted on to appreciate). 

There were other items in the cell tower lease as well such as the way the seller of the retail center was counting the cell tower value and buy backs and assignability rights.Typically a cell tower revenue, monument sign for tenants revenue, free standing ATM machine, billboard is not counted and weighed the same as the building revenue with tenants themselves.