I am thinking I'll have to set aside expenses to redo the wiring, plumbing, etc and bring them upto code. 

My property is in the Homewood/Vestavia area...35216 area code.

Because these communities would be in smaller towns and rural communities, the licensing jurisdiction is the county, meaning that code requirements are more often vested in the fire marshal and are less onerous than city requirements for the buildings and the site improvements.

All the bylaws, building codes and fire codes can be found on the city website.

Go on Zillow, type in your zip code and the bed/bath count, and see what is currently for rent.

Both programs can aggregate data based on filters like zip codes, sell scores, etc. 

https://fox59.com/news/officials-confirm-two-dead-in-tenness...This is a state fire code on sleeping more than 12.

Code Enforcement in my market has just recently started, as part of their tenant turnover inspections, to document the material composing the water inlet pipes where they enter into the basement. 

Hope no fire hazards or code issues or noise issues or electric shock etc. by doing this project.

Pass Code to open a Supra like key box.