For me, the key to asset allocation is alignment with my goals in life (my "Big Rocks") - check out 7 Habits of Highly Effective People, changed my life 3 years ago. 

Landlord will promptly respond to Tenant request for repairs but will not be monetarily responsible for tenant disruptions or inconveniences during habitable times of repairs or tenant/guest injuries incurred in or around obvious areas of maintenance, repairs, or construction.

It's vital you get good information and started on the right path to avoid the potential pitfalls.3 things you need to know when investing in turnkeyI'm more than happy to provide more detail if needed.Cheers!

CEO Hank Amos said the forecast for the rest of the year is sunny.Amos called the past 10 years a “lost decade” with the real estate industry as a whole experiencing “no vitality, no velocity.”

Also as an added bonus, there is a sticker on the exterior of the property stating that my local town building inspector's office has deemed the property as "unfit for human habitation..."...not sure if this is common practice or a red flag but will have to dig into this one a little further.Any help you guys can provide would be greatly appreciated.Thanks!

I'd also mention to them at this point how much in repairs you're going to have to make to the property, and maybe send them a copy of the bids for work.If you can show them in writing from independent sources that the house needs $20k to be habitable, they might be more flexible with you.

I am considered to be an expert witness in cases regarding, garage space converted into habitable space.

Since I am unfamiliar with the renting habits of college students I wanted to check to see if this made sense to anyone else.

Check for associated records to see if they make a habit of just changing names when they get caught. 

The best advice that I can give you is this...don't start out with bad habits.