Is there any way that you can reach out to the agency and tell them what you need to do which is to put the unit up to code?

Systems which use prepaid cards or member cards/codes are better for the landlord (less incentive for theft), but are even more costly - unless your building is sufficiently large, the costs may not be justified.  

BUT, you may need a bigger beam according to local codes.

It’s hard to do much with a rule of thumb like the 2% rule without setting bars that you are aiming to reach.

When you renovate, You need to bring upto today’s code( firewall, fire sprinklers, electric, plumbing, insulation...)With all the above, check the renovation cost, it becomes kind of new construction.Let me know if need more details Thanks Reddy

Prefferably id like to connect with some of you for further questions.Im looking for single family housing and id like facts and statistics that are current and related to those. or atleast pointed in the right direction.Please and thanksHere is something to get you started.http://www.city-data.com/zips/...Zip code 43609 compared to state average:100% urban population.Estimated median house/condo value in 2017: $53,07943609:$53,079Ohio:$144,200According to our research of Ohio and other state lists, there were 90 registered sex offenders living in 43609 zip code as of March 01, 2020.

If you are asking whether rents will increase relative to home values then, barring a MAJOR correction, I don't expect that anytime soon. 

Specifically in the 92104 zip code.

Or invest it in Real Estate.You could buy a bar (or some other business) with that money and let him run it (with your oversight) learning how to actually make money (vs being a wage slave), then after a few years turn it over to him (once he matures and only once he has some skin ($$$) in the game along with you).Just my 2 cents.

Need to do a more detailed analysis here but I would expect relatively low cap-ex in the next 10 years.Home is in a good area (on a quiet street but still walkable to restaurants/bars/parks, schools are average to above average)Expected rent would be about $1500/m based on quick analysis of current listingsOur new location we're moving to will be about 10-15 mins awayI would like to manage this property myself but budget for property mgmt anywayIf I get into this and HATE being a landlord, or decide owning rentals isn't right for me, I have 2 years to figure that out and at that time could still sell the home and not pay any LTCG tax on the proceedsShort term goal: Since my personal situation will inhibit my time and ability to pursue scaling a rental property business in the short term (say 5-10 years), the goal of renting this property out will be to pay it off as quickly as possible and let it sit there providing good monthly cash flow, or possibly refi to lower monthly payment and increase cash flow if the payoff timetable isn't short enough.Long term goal: I would tentatively like to scale into owning maybe 10 or so rental properties at my time of retirement (say 20 years from now) to provide good cash flow in early retirement, and to keep me busy.