I'm looking for a reputable management company in the Tacoma/Parkland area that may have student rentals available for Pacific Lutheran University.

It’s a block away from Temple University which my plan is to rent to students after renovation.

So, I am based out of Northern Virginia and property around here is expensive and positive cash flow is definitely a challenge, unless it's done right.Looked at this article, very very helpful: https://www.biggerpockets.com/blogs/10145/68178-to...But have several questions 1- For local investment, since VA is big, can other parts of VA a good option for a rental, especially ones which have a college/university?

okay then we may be speaking a different language.

I'm not sure that there is any standard clauses but my company has similar language in our agreement.   

Be careful what you put in writing,a lawyer can use it against you in a court of law.The tenant is within his legal rights to demand a receipt for rent paid and the reason is not up for debate by anyone.You must furnish a receipt within a certain time period established by your local state law.You can furnish it electronically,US Post Office mail,or in person.Also,that statement regarding possibly moving into the apartment might been seen by a judge as illegal harassment of a paying tenant.You seriously should seek legal advice from a competent attorney and let them write responses to your tenants with the correct legal language.

Also, if he happens to have anyone else in the house whose primary language is not English, you may find yourself explaining the situation in a deposition. 

@Cody Adams, over the past 7 years, I've had close to 25% of the students who take my Real Estate Investing course at the University of Toronto, tell me that they did the boot camp or extended (expensive!)

I live and work in Salem, Oregon now but I grew up in Silsbee, Texas and graduated from Lamar University in 1995.

Do not be an Eagar buyer, eager to get the deal.there is language that you can use that will help you be a reluctant buyer.For instance“I don’t know if this would work for you, and  I would have to check it over with my business partner but ...what if I could help you with the debt service payments, your mortgage payments over the next 36 or 48 months, I’m not sure...with that be a fit for you or maybe not?”