If your goal is get maximum rents then you need to have the largest pool of students available looking.

Usually less time on the market and your renter pool is larger as well. 

Utility Costs (Water, Gas, Electricity):- Paid monthly by the tenant unless included in rent.

for example when changing cabinets, addressing trim, door pulls. hot water tank replacement: place a pan under it.  

The HVAC and water heater estimated to be 6 to 8 years old by the inspector.

More likely now if you find a willing property owner you will sign at best a 24 month lease lets say at $3,500 a month for a nice 3/2 with a pool 5-10 mins off beach. 

Enjoy the beautifully landscaped backyard with a covered patio, pool, spa, and RV parking.

Lawn, snow, electric, gas, water ???

The investors would be advised to pool together some capital to retain the services of an experienced securities law firm to do an analysis of whether they have cause for complain, cause for lawsuit, and reasonable chance of collection.  

I know the 20yr city development plans, I know of the waste water treatment facilities that are wrapping up approvals and have not even broke ground yet and exactly how many w/s laterals will be approved with such.