Quote from @Timmie Tyrone Waters: Quote from @Michael Germano: I am a lender "gator" and would be happy to share my experiences. 

You will need to install outlets, switches, and lighting fixtures as needed,Plumbing: You will almost certainly need to connect all drains to the sewer and bring in water lines.Windows and doors: To provide natural light and ventilation, you will need to add windows and doors to the garage.

Pool or other ammenities9.

The list should also include if supplies are needed, if air or water filters need to be changed-out, if light-bulbs need to be replaced, etc. 

My question is should we include internet, water, gas, and power?

I have around $500K to invest and also have the opportunity to pool additional funds from investors, totaling approximately $1 million.Considering the complexities and governmental regulations in New Jersey, I'm struggling to make a decision.

Right now I'm just getting the the edge of the water to get my feet wet so I'm unsure of which route I'd like to go just yet.

It limits your buyer pool and increases your DOM. 

I was hit by an 18 wheeler 2 years ago - my fault- and tried to start a business last summer that didn't succeed, which it shouldn't have, being that I hated every minute of mobile detailing, and I recently got to where I am at least head above water, but I am paycheck to paycheck.

@Jacob Munson Make sure you include costs to furnish the place, kitchen stuff, linens, supplies, nice looking decorations etcI'd be curious what others have spent but my guess for a 3 bedroom house with a pool is between 30-40K from bare house to ready to rent.