You are making money with folks just paying regular rent, imagine if you rent them out by the day. 

I'll leave the rest up to your imagination.

I don't really have any idea about how commercial properties work but I'd imagine doing an analysis with a much lower asking price would be interesting to see (and only take a few seconds).Also - as someone who recently graduated from a university in Philly, I think 2 miles is a VERY long way from a college but it depends what college.  2 miles from any of the center city schools is not really student housing anymore (UPenn, Drexel, Temple).

If they don't get sold then I'm not sure what happens, but I imagine some counties might be more willing to deal directly with an investor at that time...

You're making a killing in this deal, as is your investor, but I can't imagine you'd make a good name for yourself profiting this much in one transaction.

Imagine buying a house for $50,000, investing another $20,000 in renovations, and then…nothing.

I imagine I need to start by reinvesting my returns into more investments.

hi everyone my name is Thong ( imagine me growing with that name while the THONG song came out.

I'd imagine the broker would get their compensation or that agent would likely not last with that broker. 

Get a big one with a wand, pour the water in as hot as possible without melting the container, and use pressure.