the issue is the $200K investment does not add any where close to $200K of value in most single family zoned areas. 

I have some family ties to the area. 

We do Self Storage. 

I have not been able to find any in person networking events in my area doing a basic internet search.

Can I charge them fees & rent for storage of their crap? 

To give you an idea of how we approach it, we assume the worst-case scenario right from the start is 9-12 months of no rent, $5,000 in legal fees, and an additional $5,000 in expenses to deal with moving their stuff, putting it in storage, and dealing with health code violations or NOV's from the city during the process. 

Every decent area for investing in str's has competition. 

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

While competition hadn't changed dramatically, we noticed some of the competition had pushed up rents on other 3 and 4 BRs in the area.  

Give good advice on your area and just never say DM me or reach out to me, etc.