You will need to contact the city Building Dept to ask if there are any city coded you must follow.Or, hire a qualified Property Management Company.

Just because you don't make any money on them, doesn't mean you aren't responsible, along with the source of the actual plans, for any mistakes in the plans, or even any mistakes in construction from lack of info, misunderstanding, or just plain stupidity of the builder/user of the plans.The licensing agreement will have guidance on having plans adjusted for local code, reviewed by architect/engineer etc. 

The real problem is that the vast number of beginning investors never bother to learn their state landlord tenant codes before they invest.This is my pet peeve with new investors...trying to operate a business requiring knowing the law without having the desire to learn.They should never be allowed near tenants, they need a PM.On the other hand responsible investors that learn the laws first I would strongly advise self managing.

As hinted by the streetname, Shore Blvd runs adjacent to the East River. 11103 Zip CodeThe 11103 Zip code has boasted 20 new listings year to date, 2nd most in Astoria.

There was one instance discussed in the forums with a syndicator called Norada (you can search the forums for that name) where they not only stopped paying dividends, but also converted everyone’s capital to an equity position - which is code for “We don’t plan to give your money back unless we can survive to eventually sell the building.”  

Hello BP, I wanted some help with what some of the best zip codes and or Neighborhoods to invest in/around Philadelphia?

You likely have codes and code enforcement officers that will start issuing fines for the trash and unkempt yard.Keep filing complaints with the owner and city until it's resolved.

Also, I'd be very careful that tenants not wanting renovations isn't just code for "I don't want you poking around to see what I've done to this place!" 

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental. 

Checkout section 469 of the tax code for material participation tests and what it all means.