DRE maintains a list of colleges that they recognize.

I've spoke with quite a few realtors and am familiar with the area and don't foresee any issues renting them out to good tenants and maintaining good occupancy.

The tenants pay all utilities, and maintain the yard themselves.

Edgar, usually the HOA properties keep the grounds well maintained and the property looks better in general.  

Some might devaluate the building cost to reduce permit fee, well, you know how that goes. 9 months just building alone, around $130-160/sq.ft. for me, simple and basic, granite tops, carpet and laminate floor, custom stained cabinets, asphalt shingle.

The letter includes a timeline of communications with my contractor stating that he contacted them to let them know the asphalt was on its way to the site and was told at that time that permits had not yet been issued.I was told that while it was the County's right to order me to rip out the driveway, they were willing to take core samples to assess the compactness and depth of it's base, and have a engineering assessment conducted at my expense and, pending the outcome, possibly issue a retroactive permit.  

@Jenny BillingsYou also need to account for cap ex (10-15%) and a higher maintained allowance due to the type of tenant that will most likely be renting.

This can present certain challenges in maintaining these sorts of properties.

God has a purpose for all and when its to provide "safe, affordable, well maintained housing", that's it!

The reason is that to keep a license you have to maintain a level of legal and ethical standards or else you get in big trouble.