However, it’s important to ensure the area is safe. in those areas I would recommend checking local crime statistics on SpotCrime. you can use this link for an example,to get detailed information: https://spotcrime.com/map?

A good tip is to reach out to contractors, visit local supply stores, and check out online resources for cost ranges.

If anything, we're now seeing data that suggests there isnt much reason for rates to drop significantly any time soon.

If something happens and someone is injured due to over occupancy you could open yourself to legal liability and you would have to check with your insurance policy to see if you are covered since you knowingly would be operating for more occupancy than permitted for the structure.

If it is getting capital to start: will Tom write checks to your deals?  

Or just have a tenant sign a move in inspection docs that states everything was checked by tenant and is working fine?

If you paid with cash or checks - you need to send them 1099-NEC.I know they won't give you W9s after the fact, but at least try: send emails or texts requesting them.

**I understand this data will vary market to market, I'm just looking for ballparks here.

I’ll have a little bit of work to do at the house before it’s rental ready your welcome to pop in and check it out or we can try and grab a coffee one of these mornings 

I understand not buying more up there, but your initial investment there will turn out well.You can check out the BiggerPockets video podcast and leave a comment if you have questions.