It will be well worth your time.By the way here is how you find the fair market rents Section 8 will pay for all units, from studio to 5 bedrooms, for every county in the US.  

He converted it into separate studio apartments.

I have a studio attached to my home that I rent to a young couple.

I learned that MBA students usually stayed short-term, and art or music students no matter their age are usually still into partying LOL.We found a niche with law students, and rented mainly tiny studios.  

I think it will most likely be self-policing.I rented tiny studios in a 26 unit building and most of my tenants were grad students, once we found our niche.  

That said, I don't think 18 people are allowed to pack into a studio apartment.

I rented funky, very small, but clean, studios next to a university in Silicon Valley, and had absolutely no problem keeping them rented.  

I rented studio apartments.  

Thanks @Luka Milicevic, Account Closed LOVED your (audio) book; I took pages of notes!  

Android is not a quality app platform (except for games), for property management you can try luck with Landlord Studio or Housters.