Beyond that if I am understanding your post correctly, you are in a market where the settled price is 97.9% of the list price.

Had my inspections done a month or two ago and they checked about a dozen items per property that had to be corrected and told us the properties were deemed "uninhabitable" until then and no one could stay in them.

Correct me if I am wrong but I do not see no wrong doing in that.

Just a slight correction, our West Sac Meetup is the 4th Tuesday of the month.

I think I should correct myself and say that builders are certainly not the only ones to reap profits from there. 

If there are any specific tips specifically trying to rent by the room house hack in a college, like things to look for in the house, how to estimate the correct rent, or anything similar to that i'd really appreciate the advice. 

I’m probably not searching correctly.  

If I understand correctly, you're suggesting that we should focus on the big picture rather than getting caught up in minor details?.

Hey @Joseph Waitkevich so @Eric Fernwood is technically correct that they are not illegal in the city of Las Vegas.

If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.