(a) The landlord shall: (1) Comply with requirements of applicable building and housing codes materially affecting health and safety; (2) Make all repairs and do whatever is necessary to put and keep the premises in a fit and habitable condition - See more at: https://www.tn.gov/lawsandpolicies/article/66-28-3...

This means that proactively doing things to retain tenants is vital.

POS means you'll pay more to rehab the property to habitable condition than you actually paid for it.

For the most part college students are creatures of habit.  

And also if it not being permitted is anything to worry about as long as it is still safe and perfectly habitable.

Thanks everyone.I will have to look up the information on the BWI meetup as i have not seen anything for that yet maybe i can come this week depending on the @Ned CareyI am located right in the Canton area downtown @James A. i will have to check out REIA, i have been looking at REI Consulting groups houses they have been posting and running formulas i made in excel to get in the habit to see if it is worth the money or not.  

I agree that it is a skinny deal if the house absolutely requires rehab before occupancy but they way he made it sound is that the house is very much habitable, just outdated. 

I have heard of people renovating basements so they can make it into a rental.Make sure when renovating a basement that it can meet Massachusetts Building Code and the Minimum standards of fitness for Human Habitation otherwise the tenant can take advantage and not pay rent. 

Something about the house may be making it not habitable or otherwise is scaring away lenders.  

This book is called "The Power of Habit" by Charles Duhigg (might be spelled incorrectly).