In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.

Income will depend on your plan for the specific asset. # of units doesn't necessarily equate to how much income you could make.

Market Insights: Are there specific neighborhoods or property types in Philadelphia that I should target as a beginner?

Use this meeting to gather their perspective on the property and understand their goals before making any offers.Keep It Informal Initially: Avoid jumping straight into specifics about pricing or terms.

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

Reason for asking is that I am trying to understand what a reasonable target rent per unit is for specific geographical areas. 

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?

Speak with a CPA specific to real estate to get assistance.As others have mentioned, cost varies depending on location. 

I the understand the wiring for this specific purpose equipment can be considered with the tangible property. 

You need a local/state specific lease.2.