Maybe even executive style rentals with nice furnishings in a dorm style housing.

I'm not a CPA and can't tell you what's lawful and not, but in general income you claim exists, but that you have never paid taxes on, is assumed to be 2006-style "stated income," and not real income, with the only exception being properties acquired too recently to have had a chance to appear on tax returns. 

Zoning  and environmental concerns greatly affect value.

I think you are talking about ranch style which would be much less.

You may want to also pull out statistics in project cancellation/project shutdown due among other things, State induced strict compliance to the letter, contractor's compliance and liability costs (biggest reason why significant California contractors are put out of business aside from tight competition), it's just next to impossible to earn contractor wages based on economic conditions (that being current prevailing economic depressed consumer wages cannot support re-construction costs or that wages to property modification ratios is not sustainable in long term basis), indicators, and indices (unit labor ratios, material integrity and application ratios, Local, State, and Federal (labor, occupational hazard, environmental) compliance costs, and certain and uncertain risk factors.

It's dated via style, but in good condition otherwise.I appreciate the input!

That said, I heard negative comments about my not-updated bathrooms in one property (old-style tile).

I would try to time it with student loan dispersals , but yes an "out" for graduaion might be good - you could make them temporary airbnb style rentals or get an early start leasing to out of state students.

Both of those locations are more urban row-house style.

Those are decoration to make the house look like a Tudor style.