Taking on a huge capital cost to avoid a small monthly cost that is also a very tax friendly write off.Boilers are one of the most efficient sources of heating, you could likely gain higher returns by charging slightly more for all inclusive units.Just my 2 cents, from an out of market investor.

I'm assuming the inclusion of the zoning information is for the purposes of the potential to increase the density (e.g.,, adding to existing structure, subdividing, etc.??

I would hold off on Marist student housing for now; Fox Run @ Fulton is building their phase 2 and will be leasing summer 2017; not sure how many more beds with this project.I do noticed on CL that houses that used to charge Marist students average $700 per room not including utilities; these days I am seeing $500 all inclusive.  

More importantly, the title report tells you whether or not you are not only buying something free and clear, but details that you might not know that affect the property (easements, special assessment districts, inclusion in a redevelopment zone, etc.)You don't even have to prepare a contract as escrow instructions suffice for a simple deal in California.

Wraparound mortgage is also called an all-inclusive mortgage, where the existing financing is wrapped around with a brand-new mortgage.

Word of caution, make sure the 170 is all inclusive.

This isn't inclusive but should give you a good start.

Could you include a typical inclusion list as well?

This isn't inclusive but should give you a good start.

This inspection should be all inclusive of foundation, walls, roof, interior improvements, plumbing, and electrical.You will also need to review the preliminary title report to insure marketable title will be conveyed, and no derogatory liens, easements or conditions exist that would impact the properties current or future value and or marketability.A Phase I environmental report will need to be ordered from a qualified, and lender approved, environmental company.There may be other due diligence items applicable to the specific property but without know much about the property or negotiated transaction its impossible to say what other due diligence items need to be addressed.Best of luck, and send me a message should you have any questions or wish to discuss the property or the lease/sale of the property.