The idea being to promote studying instead partying (potentially decreasing the damage/complaints on the property), incentivizing the tenant to stay throughout their college career (decreasing turnover/vacancy), and developing some additional motivation for a tenant to choose my property over another similar property. 

In some areas the Absentee Owners lists aren't doing as well because so many investors are are mailing to the same owners.Some newer motivated seller lists are catching traction but haven't yet been over-mailed.

Your post is incredible on detail and observations.  

I feel like more context is needed to know the true motives here.

I started looking for deals that would cash flow positively but only looked at SFHs and small-multis...the numbers on this condo met my criteria, the seller was motivated, and there was no logical reason not to pull the trigger--so i did it.

Ellis,That makes sense and now I understand the motive behind getting the license. 

Motivated sellers usually have a problem that they need help solving.

I am so motivated and ready to start the process of becoming an investor for the time!

They can dig up incredible deals that are then passed on to you.

So no real motivation to leave if you're getting free rent and your utilities aren't in danger of being shut off.