Most of the people that are involved in apartments say that the "season" and the economy does not matter much. 

Look online for properties in the same area and go drive around the area. 

In the matter of days NOI has jumped $12k, sounded like there was an opportunity to increase rents, now it sounds like rents have already been increased and there may not be much room for improvement. 

What a refreshing first day on Bigger Pockets, I'm used to online video games where most online communities are toxic.

Also, I spun up my own spreadsheet to help clarify the various calculations before using online calculators (I like to learn how things work).

I doubt students will matter one way or another, if you are talking about college students, but you can't claim a house is your primary residence for insurance purposes and then move and rent to other people.

I don't recommend Quickbooks Online.

We track all of our financials in Quickbooks Online.  

From a nerdy lawyer perspective, I have few other issues with the language as a matter of draftsmanship. 

I’d be a hypocrite at that point and I have a higher authority to answer to . .. and Really Your not fooling anybody because it only takes a simple online search or call to the tax assets office to find out who actually owns the building even if it’s in a llc .