Not recommending or condoning anything, but find out how the max 3 nonfamilial roommates are monitored by the city and what's the penalty.

Quote from @Bruce Tieu: Quote from @Bonnie Low: It's easy to get ahold of the planning department for the particular city or County you are in.

Yes the inventory is much lower than the City, but there are 2-4 unit properties to be had, and with good numbers.

Hey Bhakti, I’m a realtor here in the city and could give you some recommendations.

This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

Sub-$350K single-family homes rarely cash flow in Charlotte, so consider properties with value-add potential or slightly outside the city.

I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property.

If you start in an affordable Sunbelt city like Birmingham or Montgomery, for example, you can acquire a turnkey rental in a B or C neighborhood for around $120,000.

The issue is legally be allowed to raise rents and getting around what the city believes is fair market rents.

Are you doing the suburbs or the city?