A 4/3 could potentially rent for $3,500 - 4,000/room/semester.Clearly some other factors to consider, but it would be great to hear any insight from folks who may have done this in the past.

You could actually do this on your own by going through your Secretary of State website that would save you alot of money and am sure the EIN if free on IRS site too 

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

This! 

A Heloc is a open end mortgage like a credit card so its an additional trade line on credit, cannto never be used as an Asset, PITI reserve, and its a DTI killer in most cases.A heloc is also usually set up on a shorter term versus a mortgage, carries a Higher interest rate, and most carry a interest only with a prepayment penalty.

As I am building this plan, is there a rule of thumb I can use for future value based on NOI?

Hi BiggerPockets fam, I'll keep this post pretty simple. 

Keep pushing forward—this is just the beginning, and I’m excited to see where your journey takes you!

Is there anyone in the area that is a provider of one of these services interested in renting a facility near the City Hall?

Am I SOL or has anyone find a loophole or different product that will allow for this type of scenario?