Based on the Jackson County’a building code, I believe it meets all the requirements of a bedroom except for the closet requirement.

Here's a link to MN licensing.https://www.dli.mn.gov/business/residential-contractors/resi...IMHO getting multiple bids is also important, make sure you follow permit and code requirements.

Crawlspace vents are a terrible, outdated part of building code that hasn't changed forever.

First step is to go to HUD's 2020 Fair Market Rent Price site:https://www.huduser.gov/portal/datasets/fmr/fmrs/FY2020_code/select_Geography.odnThis will allow you to search for the final fair market rents down to the zip code and by the property type. 

The lease must conform to state laws.This link will provide you with State Codes concerning Rent Due Dates and Grace periods by State:https://www.nolo.com/legal-encyclopedia/late-rent-fees-and-other-state-rules-on-paying-rent.html

I use the zillow data files to look at zip code level historical prices.  

I was also advised that Legal aid is soliciting clients outside of the courtroom which is illegal and goes against public policy and their ethics code.

Lastly  I would start comparing purchase prices with monthly  expectations utilizing sites like Airdna which , I believe if you are a pro member there is a code in Bigger pockets resources fo save a few dollars a month for their data.

It's almost a total gut job with some major pieces that will need to be done to bring it up to code.

@Sam Giberti a lot of newer investors stress themselves out over PMI, but the opportunity to put down as little as 3.5% is really an incredible cheat code for new investors.