However, I have spoke to numerous ASU students and they all told me that it is not really enforced.

Start enforcing things that may have slipped with old ownership like noise complaints, having junk cars parked in the property, having too many people over at once, etc. 

@Kierra Wesmoreland the one enforcing the lease should the one who’s lease should be used.

The Alameda cops are also very strict with enforcing the speed limit and all the limits in Alameda are low haha.As a rental you'll never really be able to compete with the old time landlords at low price points.

Any way I can enforce the lease so he pays me back the rest of the lease term? 

I've dealt with a few cities in PG where they have a "code enforcer" who goes around and maintains a list of properties with violations. 

This statement alone will make others automatically weed themselves out That will also get you a very unfriendly call or visit from a fair housing enforcement official.

If it is a common area rule about storage etc  enforce it.

But actually enforcing them is very, very difficult.

I suggest to project your returns at 90% (that is what the lenders and buyers will do)That said, the town is good because of the military base and proximity to the i35 corridor.If you REALLY wanted to get on this deal (after you do more research), i would recommend that you allocate for a large vacancy during the first 18 months, clean house, offer incentives (super low rent) to a few law enforcement agents and do all your rehab and completely rebrand the property.Remember, you can change almost everything about the property, except the location.