However the university has changed the dynamics of the student housing industry by requiring 1st & 2nd year students to live on campus (started it around 2008-09 if I remember correctly).  

Let me visualize this for you, and hereby you will also understand why DMM is the dumbest stupidist thing you can ever do.To understand this, consider this.The average open rate of DMM is less than 3%.

What's common we see that people may want to fix....HVAC, Water Heaters, broken seals on windows.....foundations, roofs...some of that we can see on a visual inspection....HVAC a little tougher....so he says what if I can't fix HVAC and have to buy 2 new units....$10-12,000. 

From my experience staging is helpful, makes it easier for buyers to visualize themselves living in the home.

I'll re-read it to get a "visual" of what your system looks like.

A business plan is so dynamic and unique that your plan should be the special sauce that your business brings to the market.If you are following a common real estate strategy, then your business plan can probably be modified from an existing one to suit your market. 

There is an interesting dynamic in house hacking between finding a good place to live and it being a good income property.  

Too many first-time investors are trying to turn static into dynamic.

Depending on your goals and the dynamics of your general area can determine which way you should go.  

I suggest running your numbers again with the calculators provided here also to give you a visual.