I've considering whether it makes sense to look at potentially converting it to a single family and enrolling the property in the college's off-campus housing program.

Does it even make sense?

The 150k sale price less then 100k basis.Hopefully that makes sense, but send me a message if I can help in anyway or run some numbers on any scenarios. 

If you plan to hold the property long-term, it might make more sense to pay a higher fee for a lower rate.

If you are a large enough operation where you have employees then it makes sense.

I am at the phase now where I need help/coaching analyzing deals to ensure the numbers make sense with decent ROI, CoCROI.

Doing a deal like this makes sense to myself as an investor if I were to do it with 0% of my own money down and if it was structured and laid out for me.

Front Yard First: Since curb appeal is critical for renters, focusing on sod in the front makes sense.

., fostering a strong sense of community among residents.

If you're unsure, talking to local property managers or even prospective tenants can give you a clearer sense of whether a property will rent quickly.Best of luck with your first investment!