Usually the students paid from $550 to $800 depending on the size of the bedroom and whether it had an en suite bath. 

They come in all different sizes and looks.

Despite its small size, the associated expenses--especially if you hope to add in a loft, address sewer/septic needs, and bring it up to code--may be significant.

Window is currently not egress, but can certainly be replaced if needed.There is a walkout door right next to the window, so I’d imagine, that is what is necessary for an emergency.Front side of basement has another window (same size as back), and has a view to the underside of the porch.

I agree with the zoning, especially pay attention to the allowed kitchen size.

I would bet 500 a month for insurance. 200 for utilities, could be 1000 a month property tax depending on the area, permits for the rehab, staging, etc. 15K is way too low.

Your best bet is to Hire a Family attorney, that will advise you on the best course of action.

There are several colleges in the city and an additional benefit to you is that Richmond has a decent-sized airport if you felt the need to fly in. 

@Jasmine Lu DSTs come in every shape and size.

Your best bet is to call the local PD and have them come out, verify with a walk through that the tenant left, and get a police report to verify that for your records.