Examine the projected rental income against the expense of converting the garage and possibly extra rooms.

If you cannot ask all three of these team members, then you should really examine your team!

I think it would be within the moral and legal right for the landlord to fix the issue that he/she was too negligent to examine prior.

Tenant stipulates, represents, and warrants that Tenant has visually examined the Premises, and that it is, at the time of this Lease, in good order, repair, and in a safe, clean, and habitable condition.

Start by examining population growth, as cities or neighborhoods with steady increases in residents indicate a thriving area with potential renters. 

It won't matter but if it would ease your nerves (and you are in one of the states we do closings in) I'm happy to pull your title and let you know if you are clear.  

If you examine the data you'll be able to see if rents in your market have rebounded since then or are they still depressed . 

You can examine the recorded mortgages and this is a good way to see who is financing the local projects.

Examine Midwest markets that exhibit positive demographic and economic trends, such as varied economies, inexpensive housing, and rapid employment development.Prior to making an investment in an out-of-state market, it is imperative to establish connections with local property managers, investors, and real estate experts.

(e) While a person may examine and consider a criminal background check, credit history, or rental history in reviewing an application for rental housing, the person shall review and consider additional history in reviewing an application for rental housing, the person shall review and consider additional information provided by the rental applicant, including, but not limited to, personal references, recency and status of any evictions, and any actions taken by the rental applicant to resolve past evictions, credit challenges, or alleged damages, the recency and severity of any convictions, the violent or sexual nature of any prior convictions, the facts or circumstances surrounding criminal conduct, the age of the applicant at the time of the conduct, the age or vulnerability of the victim of the conduct, evidence that the applicant has maintained a good tenant history in the intervening time, and evidence of rehabilitation efforts, consistent with state and federal law, including, but not limited to, fair housing laws.