With 8' ceilings you should not have to dig out the basement, and with an RT4 zoning, provide all other issues (egress, etc.) are met, you should not get much (if any) resistance to adding that unit.

The utility company doesn't manage your property...they provide paid services until they're not paid anymore. 

There are snakes under the hot tub.3. 

@Brian Jackson @Becca F.Kansas City is definitely a hot spot for rental properties!

They originate 5 year interest only notes for buyers of turnkey SFR properties working through a network of turnkey providers.

I personally benefited from this when I first started and now provide my signature to partnerships I am not as actively involved with.

My intention is not to buy the sellers problem but to provide a solution.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.