(All #'s below are calculated at $500/mo)Gross Income : $44,928Total Expenses : $17,153NOI : $27,793Cap Rate : 9.3%The surrounding area is primarily SF with a couple of Duplexes thrown in for fun.

I am not certain as I am not a code guy but I do believe for a basement you have to have two forms of egress and the hot water and heaters ( assume in basement) must be in a separate room and must be surrounded by fire retardant material.

I'm a cash buyer and looking for deals to buy in Philadelphia surrounding counties.

I've been looking for c class apartments in DFW and surrounding for the last 6 months and just about everything is getting multiple bids if its even remotely reasonable.

It is dark red brick, with a semi-close colored tile below,surrounded by walnut colored floors.

Zillow (or similar) gives some numbers on estimated price, last price, surrounding houses for sale.

Check and see what is surrounding the property.

If the tile is damaged already, it might be a good time to consider getting the surround re-done in cultured marble.

I live in Maryland now, but am investing in Montgomery and surrounding areas.

I've done some basic searches for this, but have only found REI clubs that meet in the surrounding suburbs of the city.Thanks,Kyle