That provides a buffer for the tenant and it enables you to monitor whether your tenant is actually a problem or if someone is exaggerating the situation.I would also ensure any renter is given a printed or electronic copy of the HOA rules.

The town board is amicable to rezoning from agricultural to residential, and the area was recently approved for TIF, which the town also seems to be in favor of utilizing to establish infrastructure for the site (utility extensions, road work, etc).

However, if you plan to target students, you cannot change your location,  but if you can offer a bundle of amenities which makes you attractive and gives you the pick of tenants.In our student rooming house we have the following on offer:furnished bedrooms (bed, dresser, desk & chair) - one unit has single/twin beds, the other has double/queen beds.Utilities included.Internet included - we need an internet connection for our building monitoring, but do not need much bandwidth.  

I've been quoted anywhere from $25,000 to $35,000 (oh, and a new water line - about $10,000) and monthly alarm monitoring fees (between $35-$50/mo).

Toledo has a lot going for it right now, and with the infrastructure improvements that have been going on for the last 10 years and the ongoing projects and future projects we have planned, we are going to be in great shape for the future.

In contrast to what I wrote above, Mexico has been rolling the red carpet for us for decades and made massive investments in infrastructure to attract foreign investment.

My wealth adviser is a fiduciary and I need him because I have a busy surgical career and family and can't do all the self-educating and monitoring necessary to be successful.

A subdivision is a plan to develop a plot of land by subdividing it and usually adding in infrastructure like roads and utilities.

Are there expensive infrastructure work or utility upgrades needed?  

I have monitored dynamic pricing in the past and found it to  be too low.Since I actively check this once or twice a month I can easily make any changes.