I don't think it's 100% but it's a good portion (maybe 80-85%)

There's so much information out there and a good portion of it is on BP, but yet people still get lost somewhere along the line and can't figure out what to do after they have spent hours on YouTube, forums etc.

If you do decide to rent it out, sell within 36 months to at least maintain a portion of the tax exclusion.  

I am considering approaching the large tenant to see if they would have interest in some sort of lease to own program, maybe just for their portion of the building?  

Figure out all my hard costs, soft costs and financing costs for that portion of the development, then add a markup for my developer profit.2.

In this case, you would preferably have a portion of your own money to put into the project.

However, most students prefer this arrangement because each tenant would have there own separate lease which specifies their single room including the common areas (kitchen, living room) and they would not be responsible financially for the portion of rent that there roommates are supposed to pay.  

Finally, I would suggest a portion of economics so they are aware of the larger picture, are we in a bubble, recession, inflation etc.On the construction side, even if you don't intend to swing a hammer, knowing building codes and best practices is always good.  

And more importantly following up and making myself available literally 24 hours a day.I plan on investing a good portion of my earnings into marketing and seeing what type of results are possible.

The additional (rental) mortgage will count as debt and he will need to offsetting income (a portion of the rental income?).