Although it has 2 entrances and exit-able windows,  I'm fairly certain the basement is not zoned for a unit, so leasing it may not be possible.

It is zoned R-2, has a finished basement and has a back entrance that we could close off from the main floor so that could turn the downstairs into another unit and do a house-hacking type thing while we lived there for a year.

they maintain some of the entrances.

RH zoning mandates that each "unit" has a front facing entrance. 

For basements in particular count on the biggest cost is likely in making the entrance and egress comply so see if  those are doable.

Zach,Here in Texas we put a sign on the door and in the front and back yard saying smile, you are being monitored, and entrance to the property will trigger a police response.Joe Gore

Perhaps try to find a non-conforming duplex or a house with a separate entrance, where you can build out.

It’s a single family home with 3 distinct entrances.

If that inlaw suite has a separate entrance and you're in the right area it can pull in some major bucks.

The basement has a separate entrance right on the street and is already fitted with 3 rooms that could be BR's and 1 Bath.