Live in one of the units, collect rent, rehab, upgrade, rent for higher amounts, refi into conventional to get out of PMI.

This will bring in a very conservative estimate of $900/room from AirBnB (I have poured over the analytics and already gathered competitor data) and allow me to not pay rent and save the $1300/mo I was putting towards rent.

Also a lot of the published data you see is wrong.

Are any rent deposits, if so make sure to collect this from the seller through your closings docs. 4.

Data research from 2018 shows that for our area, the rent is under the median price for a 4/2.  

If you'd be interested on the AirDNA data for it, I have a subscription covering Galveston and would be happy to share it with you.

Also, make sure CAM charges are not only being billed but also collected. 

How are you planning on getting that data?

It spies on your outgoing emails and on your phone calls to save you the data entry hassle. 

Income/Credit Requirements: - General rule is that income from the applicants intending to sign the lease must (collectively) equal or exceed 3 times the rent. - Proof of adequate income (or reserves) to verify ability to pay rent on time throughout the lease term (select one or more): • Verification of employment and salary/wages. • Recent paystubs from verifiable employer • Tax return copies for self-employed applicants. • Proof of regular investment earnings, social security or other form of governmental rental supplement. • Any additional sources of income that applicant wishes to disclose (i.e. child or spousal support, trust income, financial reserves, etc…). • Any rental subsidies which you wish us to consider.