@Benjamin Beyer - there is a safe (code compliant) and inexpensive way to address this by adding one GFCI outlet to each run of outlets and converting the remaining outlets from two to three prong.

But as with most things, the details are what makes it code-compliant and safe.

You'll need to make sure you keep it compliant, be sure to work with your securities attorney to make sure you're keeping it legal. 

@Sean McKee - Chicago realtors puts out an annual lease that is fully compliant with the RLTO - I upload it every year at www.biggerpockets.com/files and just search for Chicago 202X lease

There are a lot of laws around mortgage notes so you need to make sure you are staying compliant.  

I'll be looking out for this and getting my clients compliant over the next few months. 

He needs to complete a project to make the facility compliant a (This SFH is a residential care facility for him with paying tenants).

How to be legal compliant when renting the house out what makes sense in term of market appeal.

Or, just keep one account (or two or whatever to be compliant with local/state laws), and just track allocations in a spreadsheet.I personally use less accounts and just track in a spreadsheet.

If you do not occupy the property, then it would be considered an Investment property and rates would be higher, so you'd need to give up your place to move in to be compliant with the owner occupy loan.