But I'm focused on expanding so I can present in the home, not just a body, as @Joshua Dorkin said on the podcast.

However, if you wanted to give this kitchen a make over thats fairly cheap I would replace the lighting to recessed lighting (50$ bucks a can, probably only needs 3).

Basically your authority as a landlord is shared with a committee of busy bodies. - Another thing about the HOA that is unknown is how well it's finances are in order.

Any websites, governing bodies or other feedback is more than welcome. 

@Scott Szurek, Most states have a governing body that does child care assessments to make sure the property is kosher for running a day care.

We gave 30day evictions and no body moved out.  

A project on RI's coast required zone IV yet the state denied a permit based upon the Industrial Building Commission; the IBC board is comprised of modular home builders using wood and completely self-serving regulatory body.

I read the title of your post and immediately thought you had found a body!

Minor stuff, maybe a rack of free weights, a benchpress, and a treadmill with a few full body mirrors and maybe a small TV.  

In answer to your questions, it partly depends on the student body in general and on the type of tenants you want.I don't know Baylor; is it an expensive school?