The subject has to meet or exceed health and safety code violations when completed. 

I will be scoping out zip codes to invest in, for later this year.

Hi Alan, I've answered this Q at length in other threads, but suffice it to say, unless you find a STEAL on a move-in ready home, or a reallllly good deal on a flip AND can bring it to code, what you call student rentals are not likely to cashflow in city limits.

@Allan SmithHave you had issues or concerns with giving out the lockbox code for renters to see the unit?

.- Code becomes a bigger and costlier deal -- all of your properties will be squarely considered commercial and NOT residential, so when you pull permits to do substantial improvements you'll *get* to install a sprinkler system, etc- (speculation here) More susceptible to property tax hikes As for me and my house, we have chosen to buck the conventional wisdom and stick to SFR and small multi's (doubling down on what we know and are skilled at) until we can jump to more sizeable mutlifamily properties.

I got the lead from mailing postcards to homeowners who had code violations.

If the property is permitted to have 3 units, then you have to consider finished ceiling heights, window sizes (unsafe to have "basement" sized windows for an apartment), flooding potential, placement of the mechanicals, size and nature of the entry, whether or not there are 2 ways to exit and a number of other practical considerations and considerations dictated by the laws and codes of the area.

Post-Closing Access After closing you should receive all keys, access codes, garage openers, etc. to your new property.

We made sure the GFCI's in the kitchen and bathroom were up to code and work correctly.

They can also target zip codes for hot areas, not just blanketing a zip code and sending to the first 1000 addresses on the list.DON'T expect return on your mailings the first, second, or third time around.