Hello,I am thinking about renovating/bringing up-to code the basement unit in a triplex in East Bay, CA.There is a sump pump inside the unit that turns on and pumps out water when the sump hole fills up.

But the requirement for getting everything up to code seems to be more stringent like you said for MF, as well as your insurer's requirements.

For parts of Illinois that are not governed by any specific municipal code, it appears that a common meter is not necessary as long as the tenant knows what common area electric usage they will be liable for PRIOR to entering into an agreement with the landlord.

Average rent is $800, but this entire zip code is slowing growing over time and getting better.

G'Day Aaaron,You might also find this thread useful.I posted a while ago about zip codes and made a recent update.https://www.biggerpockets.com/forums/86/topics/699494-toledo...Thanks 

Hello Jay,I use a combination of rents from:a) Zillow (Rent for this zip code)b) HotpadsI have a monthly subscription to Rentometer, however have not used them much since.Regards,Ken

@Shray GoelI don’t know the code in your area but where I’m at in NC I use PTAC units.

@Gova Reddy make sure that the developer brought everything to code with the city and everything s signed off. would they consider seller financing? 

Get inspections, appraisal, copies of leases, financials as far back as you can get, check city for any code or zoning issues etc.

Hi All,I wanted to see if there's any investors in the Richmond, VA market (particularly Chesterfield County) that could potentially help me feel out a few ZIP codes.