Each university is completely different and you have to understand the housing dynamics for that university, so books and podcasts can't dive deep into each universities strategies.   

The increase in rent and fee is to pay for some extra deep cleaning that will be needed when they move out.  

I have my hands deep into the development market and know the area well.

You don't know what happened, so I'd suggest taking a deep breath and finding out what happened.

This would be far too deep into the gray area for me personally, but I would definitely explore it with a managing broker and perhaps even a RE attorney to make sure you have your bases covered if you decide to go this route.

Raj , We are looking for a place which has scuba diving , fishing , shopping and good international schools as we plan to be living there part or full time in the future .

From that point, i can mark up for profit margin, though for me recently, large capital expenses dug deep into the margin, thus will take a few years to recoup.  

With that said, there are many areas that will feel a DEEP depression like Detroit in 2010.

Yes, if I were in your shoes I would cover the cost of the girlfriend's background document, while having the boyfriend pay his own way.You'll want this info not just to ensure you don't have a problem now, but also to provide you with the deep personal data that might come in handy if you ever have to engage in collections activity against either of them.As an aside, when you purchase a rental property with tenants already in place, you should always demand all the tenant application and approval documents as part of your overall estoppel process.Once you buy the property, they become your tenants, warts and all, so you should know what you're getting into well in advance.

There are various nuances we would need to dive into to see if you fit, or if there's a way to navigate things differently to allow you to fit.