If you get a response (positive or negative) about the LOI push for a face-to-face meeting and start building a relationship. 

There is more that U/W looks at than JUST solvency, though if you're properly collateralized and you have positive DCR then those are certainly the two biggest factors that will be considered.

So 13 of the 20 properties are on campus the others are around town.The positives in the town are that the town has added a brand new McAllisters deli, Dunkin’ donuts, and CVS in the past year.

Once you include HOA costs, condos often/usually don't show a positive cash flow, once fully leveraged.Have you already found a Lender who will loan you 80% ARV for an investment condo?

There are resources that will take a 2nd position on the property.

Oh, and do yourself and your mentors a favor, otherwise they will not take you onboard, or they drop you quickly: do not waste your mentors time and stay positive.

Also DCSR must be positive 1.0+, preferably 1.25+.

Smart people adjust their life style, clear their debt, polish their credit scores and financially position them selves for success by mastering personal money management.Investing in real estate should not be used as a path to clear debt, you need money to be a investor.

When you know the facts (like if this is a good investment or not, if it would cashflow, what is the best strategy to use in such a case) you will be in a better position to decide if you even want these properties.I would also recommend you, or your family members, read @Mindy Jensen's book about selling a home, available on Bigger Pockets. https://www.amazon.com/Mindy-Jensen/e/B078NHMXVTGood luck!

We learned quickly that the work on a small deal was the same compared to the big deasl but with much greater returns.If the market rents and future demographics pan out, why not buy and hold for cashflow, refi for a higher equity position and/or exit for appreciation in a few years?