Interesting policy.

I have a written policy in my internal tenant guide that says, Blue-book value of tenant's car must be less than value of house they want to rent.I've since left the warzones, so that doesn't much apply now, but you'd be surprised how many people were immediately disqualified by that rule.

I have one of those "junk policies" that Obama said I could keep if I liked it, but is now saying otherwise.

I'd make sure your rental market doesn't depend on the university because if a university policy changes you might be left with a vacant property.

You might initiate a smoke free policy.

My new policy (after getting what appears to be a slob in one of my properties) is to do just that.

In the letter, we restate our policy about paying rent on time and what will happen if rent is not paid on time.Here is the body of that letter.  

Check that they have a snow specific policy and not just general liability.

You can't discriminate on the number of occupants unless there is a good reason to do so (i.e. the septic system is a certain size and can only support waste water from a recommended number of occupants).You can't target a certain age unless your unit is in a active senior resort, or something like that.Even though you have a policy of "no pets", you cannot discriminate against someone with a service dog.You can't use the name of a house of worship as a landmark since that would be taken as you are targeting occupants of that religion.I am even so careful as not naming the college or hospital that one of my places is near, since I don't want to be accused of targeting only people who work there or attend school there.But you CAN target these types of individuals in other ways. 

The Public Policy Institute of California has some great information on population growth and dynamics in California:http://www.ppic.org/main/publication_show.asp?