However, we did do enough due diligence and found out through code requirements several things needed to be completed before it can be licensed as a duplex with the city.

The code specifies "brokerage activities" not "selling real estate."

These are professionals with additional training and a stricter code of ethics.

You could pick some kind of list - all 4 bedroom houses in these 3 zip codes that the software thinks are vacant - and send them a postcard. 

Frankly I am surprised that they haven't been going crazy enforcing the laws already.I know people will say that they don't enforce the criminal code in the greater LA area, but that costs money.Enforcing STR laws could be a pretty big revenue stream and I expect they will catch on pretty quick.

Proximity to downtown Salt Lake City, reviewed property value and rental rate increases in zip code from last 5 years, turned the equity around quickly to obtain a HELOC and complete refresh work ourselves.

This is a hard money only deal- the exit strategy is to either scrape the lot and sell in 18 months or come up with the cash to rehab the house to meet current health and safety codes in 18 and then refinance.

Do you all have a particular resource, other than a CRE broker, that helps you find current and projected lease rates for multiple building classes per zip code?

These are professionals with additional training and a stricter code of ethics.

These are professionals with additional training and a stricter code of ethics.