You will have to do some structural improvements, as well as adding electrical and plumbing.

Talk to other investors and RE professionals and get their input so you can make a well informed decision.

We are spreading the net wide, as well as going deep into the markets that we have presence. 

I ended up marrying a woman that had construction experience as well.

Some strategies to consider implementing;1) Buy B class properties and higher2) Don't be afraid of vacancy3) Know the laws like the back of your hand4) Hire good property management 5) Treat your tenants well

Oh, well then you shouldn't even need a permit.....!

Pay them well.

And illegal dumping is an issue as well.

It isn't a game that can be well played without spending a lot of time and or money. 

Doing well last time I talked to him.