Would you have to make the unit ADA compliant i.e. grab bars in the bathroom, a lower toilet? 

The rules and consequences around violations of ADA or FHA are strict and severe.  

Are your homes accessible for elderly, if not you will have to go through a checklist to make accessible (not ADA but almost up to that standard.)

Do you need to add additional entrances for egress, sprinklers, windows, ADA compliance, fireproofing between floors etc.

I would be looking to use the 200k ad a down payment for properties up to 800k, hoping for 10 units or more.

Calvin Ball intends to introduce a housing package which will include the following:Rent control at a 6% capExpanding a right to purchase of existing properties to nonprofitsExpanding a payment in lieu of taxes agreement for privately held propertiesRental security deposit and rental assistance for Howard Community College and school system studentsFunding improvements for units for ADA purposesAllocating $1.4M in grants from the Housing Trust Fund for nonprofits for rental assistance, weatherization and other unit improvements Clearly, rent control (item 1) and delaying private transactions (item 2) are incredibly problematic.

https://boiseparcels.com/

You can ad a flat salaried 2nd job to increase your income.Do you have a car payment?

Supposedly disputes both ways are to whom pays for certain upgrades -- ADA stuff inside vs outside, parking lot paving...Anyway it's a total mess and they fact my MIL can't speak English compounds the issue.

Have to read the ADA and UDO to determine how many.