Hey Ajay, I'm a broker and investor up here in Sacramento - we manage over 100 STR properties and I'm really into adaptive reuse investment right now...What you're describing falls under SEC (Securities and Exchange Commission) exemption codes 506(b) and 506(c), referring to private syndications and/or public syndications. 

However, what Toledo councilman Sykes proposing is unreasonable.Here is more about this issueLast year, city of Rossford adapted a new law targeting landlords to register their properties for annual inspection.

Adapting commercial buildings for residential purposes comes with its own set of challenges, including ensuring compliance with safety codes and retrofitting spaces to meet residential standards.

Hi Chelsea, I have the following to recommend...The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" by Eric Ries - This book explores the concept of lean startup methodology, emphasizing rapid experimentation, validated learning, and adapting to customer feedback.Good to Great: Why Some Companies Make the Leap...And Others Don't" by Jim Collins - Jim Collins investigates why some companies excel and sustain long-term success while others struggle.

I've always loved creative projects and adaptive re-uses of interesting buildings.

In your area check air rights and re-adaptive use potential.

Overkill to me unless the place is pretty thrashed/old/poor work done before etcId consider adding some of the outlets that have the USB plugs for charging phones ets without the adapter etc. 

Human beings will adapt and figure out a way to make money on real estate.   

After she realized such was not common, nor necessary in Seattle, she adapted to having just the passage lock and deadbolt.

Slight adaptation from The Princess Bride.