Hold is your best option given whatyou have articulated. 1031 is NA given your desire to wait forreturn to normal, Normal?

That sweep account sweeps all of our normal checking and idle funds directly towards the balance.

If adjusting rents up to market, I highly suggest just writing a normalized new term lease, no reason not to, even if the term is 90 days it's important to have clearly defined expectations in both performance AND duration.

They typically weeks out with appointments in normal times.While the “state” may allow online notaries, that doesn’t mean the title company/insurer or seller (in the case of an REO) will accept them.

Lease is up and tenant won't move you can evict as normal to get possession of your property but it may take longer. 

If it's a smaller college in a bigger area where you could still rent the units normally, then as long as the regular rent rates would work OK you should be fine.

Make sure your insurance covers this type of agreement because I would think the normal homeowners policy would not but really don't know. 

About normal for the area.

I normally run very conservative numbers.

The cashflow is very insignificant compared to how much a property's value can be increased by doing some cleaning inside and out, painting, making the yard look nicer, bringing in better quality tenants and normal appreciation.