I also believe enough people inherit properties and then sell to keep some inventory on the market but with tight inventory prices will be high by nature.

The most natural thing to do would be to put together a comp sheet on competing opportunities in the area, but the number of competing opportunities is small and highly variable both in terms of characteristics and cap rate (an inn/bar/restaurant with some residential units attached, a mobile home park, a couple run-down 4 unit multi-families, etc.).

I also found the Building code on their website:Departments - Planning and Building - Building services - Construction codesTo be considered a legal room, many cities ask for 6'8" (6'4" under ducts and beams), a natural light source (window), and a closet.

Because of all the prohibited terms and its very nature, it is deemed discriminatory. 

Naturally this deal is gone but i dont want to miss out on future deals.

It’s just the nature of the game.

(Very, very, very, unlikely to happen)Assuming we design to meet the Zoning requirements, the rest is all ensuring the design meets building code regarding access, natural light & vent, etc.

This was Mother Nature that brought unusually low temperatures and killed a plant that wasn't well-suited for such a low temperature. 

Electric, water, sewer, trash and natural gas. 

It’s a small unit so I figure I can turn the hot water on in the shower and that will warm the place up some, naturally the shower had no water pressure.