I can offer a list of services I would expect:Leasing fee covers:PricingMarketingMedia advertisingMember of Multiple Listing Service  and syndicated to numerous internet marketing toolsRealtor referral networkOn-call 24 hours including weekends and holidaysShowing, screening and negotiatingCredit reportsThorough background checksDocument preparationManagement Fee Covers:Move-in/move-out coordinationMove-out inspections with digital picturesEnforcement of lease termsTenant public relationsTimely rent collectionComputerized accounting and property management systemsFunds managed by a trust accountTimely disbursement of funds to ownerMonthly statements covering all activityCPA ready annual consolidated statementsScheduled property surveysMaintenanceProperty Repair Services24 hour on-call service for emergency repairs including weekends and holidaysRepair “help line” service at no costReputable maintenance personnelVolume pricing on supplies and servicesSpring A/C service and lawn treatment at owner’s optionUpdating, decorating and refurbishing if desiredInstallation of security devices (locks, etc) as required by law

There are numerous areas around downtown zoned RM which allows for more than one unrelated person.

There's numerous ways to find deals that you can research here on BP.I would network with some agents to get access to MLS properties that fit your criteria.  

We sat down with him and discussed some things and shared some contacts and suppliers.

The building has 4 students in each unit, 2 per room.I've seen numerous times on this site that many investors want to see $100 per unit per month for their investments.

Even for the most basic of zoning, T3/single family, the lot size minimum always says 5000 sq ft.I've tried emailing and calling the zoning department numerous times and they have never gotten back to me.

I'm sure there are numerous areas that are ripe with opportunities.

Avoid coming off as a first-time flipper, it will cost you more $$ as well.Find yourself a local carpet distributor / sundries supplier (tack strip, glue, flooring tools, misc other little things).

I did contact numerous companies today and some that offer backup does not offer other features with the policy or reduced coverage.

My piece of advise would be to check with the water supplier and see if there are any rate hikes planned for their large customers.