Based on your initial outline I'll assume they are studios and just give you an anecdotal experience from someone who's operated studios in the past.Studios carry significantly higher turnover costs and are more management intensive.

That link will provide you with the majority of the information you'll need, including the STATE SECTION STUDY GUIDELINES which outlines the state exam and provides some material you can purchase for studying. 

Then the other 10-20% of the programs provide a different focus on business plan IMO.LAcademy focuses on cash flipsLGeeks focuses on selling on terms/owner financingJack Bosch focuses on LOTS of different things, including what I would call wholesaling or assignment of contractsSeth/RETipster is a well rounded education and Seth has even said that the majority of his course information is available for free on this website, you pay for the structured learning course and having it all outlined in a logical order.Casual Fridays focuses on cash flips of Bass Boat recreational type properties and more recently moving toward large acreage subdividesIt really comes down to what type of business you want to build and unfortunately most people likely don't know that answer when they get started. 

I just do their return, and maybe an "official" tax plan later in the year), but for any consultative work, I will provide them with an outline of what I will/won't do and at what price, and the timeline on which that will be billed. 

Lane Kawoka has done just that, and has tips to share that will help outline the basics.

For those still on the fence, I outlined the purpose and benefits of the meeting/group.  

These are a couple of questions that can help you through your current scenario as it seems like you guys haven't outlined all of your objectives you may have for the future. 

If the tenants are children, they'd have to be added to the lease for a rent increase of $X per tenant.The fee for additional tenants would be totally up to you and should be a significant amount as it would set a precedent for the other 5 tenants to potentially move someone in (i.e. their children, spouses, siblings, etc.).In Brandon Turner's book on managing rental properties, he shares a 'Rules and Regulations' form that can be used for your situation which outlines the rules on Occupancy.

You will want to develop a formal system for collecting rent and make sure you outline all rules, terms and expenses in lease agreement.

I think it outlines perfectly some of the risks that come with lots of “low and no money down” investing.