@Kerry Noble JrMy end goals are to flip homes in the Chicagoland Area and eventually to other major cities.

Did not work out with the first renter however, I have found my stride and now have a great renter.Looking to hold this long term as it is a great value within the city of Atlanta which lacks affordable single-occupant housing lacks.

@Ed Emmons correct working with the city inspectors at a local inspectors will bring you more clout than the folks that try to get away with Shady stuff.Recently recently brought a duplex in an area of Rock Hill South Carolina. first thing we did was replace the plumbing from under the house to the road which I found out was backing up four years before we purchased.

Most rentals in our city tend to be on the lower end of condition.

Being that it's a small space is Eastie and lots of development happening, you have to work around and city.

Of course, you'll have to know your inputs, otherwise watch for GIGO.STR in city of Austin is heavily regulated and restricted - might want to get clear on those regulations before counting on that. 

We have been roofing houses on a small scale for a couple years now. 6 months ago or so we bought a flip in a city close to ours that needed a LOT of work.

City ordinance requires us to provide both garbage and recycle service for our multifamily properties.

They Must not exceed any housing requirement for the city county or state (too many people or adults or whatever in the unit)For credit score I look at things like past due balances, what they were for and when they occurred.  

I do however, think that it would present a very unique opportunity for a buyer with children whom wants to relocate from the city (easy commute in) and perhaps have additional rental income, OR move the in-laws into the ADU.