All items from IRR, to plans, to any utility upgraded you will be responsible for to meet the CURRENT "CODE" for all trades , dirty work aside from demo, drainage is ALWAYS a major concern and will require engendering, will you have to install and or improve of site land or hardscape, disability access requirements, and a number of other factors.....

Hi Dustin, I invest in zip codes nearby but live inside 610 loop and work 50-60 hrs/wk like you.

Code enforcement?

Make sure everything is safe and up to code (electrical, smoke and carbon dioxide detectors, etc.).

What is an IRC code?

Not the best of areas, but the home seems to sit in a decent part of that particular zip code.

For example, you could focus on SFRs <= 1500 sq ft. or multi family units 4 and under in a certain zip code. 

You have to honor the leases.

Money, risk, evaluation, landlord tenant codes etc. and ends with the purchase of a property.

., and Capetown, South Africa, but have a (407) area code (Orlando area).