If there are rent control laws in your area, you may only be able to increase rent by certain amounts per year by law. (rocketlawyer.com)
However, there's one little detail I'd want to point out: In your «Under - Estimating Expenses» category, you mention living on certain amounts per year and how glorious that sounds, but express skepticism about expenses remaining so low over time. (thecollegeinvestor.com)
The government only allows a student a certain amount per year, so that they don't end up owing more than $ 50k after four years... less if you're a dependent of your parents. (financialsamurai.com)