Prohibited Storage LocationsThe use of the basement is strictly prohibited for Tenant storage.

The owner told me that the house was "grandfathered as a two unit" but:1) I don't know exactly what he even means by that and2) I wouldn't trust him (since I don't know him at all) even if I knew what he meantLooking online I found that the house is zoned as "R-7" which under current zoning regulations allows for multifamily conversions with a number of requirements (minimum unit size, parking, etc.) that this property doesn't currently have.

It’s also highly regulated and subject to liability as you’re effectively a utility company.  

It will likely be overkill for your needs as we're in a heavily regulated market, but it should help get you started.

Especially with more and more companies getting permission from their state regulators to jack up the minimum monthly charges.

Looks to me like a straight forward violation .........................................But.Your state landlord tenant regulations dictate the requirements for a landlord to enter upon a tenants property not your lease.

I know that one cannot go strictly by the 1% or 2% rule, and that more detailed analysis is required...however, at least for screening the hundreds of possibilities, I'd like to understand whether ANY properties in the Minnesota MSP/metro area meet even close to the 1% rule, let alone the 2% rule. 

This is a value-add project and I am curious as to what the section 8 inspectors look for and how strict they are. 

@Sean Hayes You'd probably have to check with the government entity in charge of titling and re-titling mobile homes in your area since they usually deal with the licensing and regulation as well.

If they are in the US I would be skeptical as the US and SEC has no jurisdiction.Advicorp Fidelity is a fully licenced and regulated Cyprus Investment Firm (CIF) supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number 124/10.