What I have gathered through 3rd parties is that if a basement does not have access to the outside then the windows in the bedroom are considered to be the 2nd means of egress.

@Jordan G. if you're not putting any bedrooms down there, generally speaking you should be allowed to finish a basement.

That's how I've done it in the past. i try to offer a base salary with incentives uncapped.

Quote from @Alec Jacobs: I am wrapping up a lot of the rehab of my first rental property and I was wondering how a basement of a rental should look like?

And easier to buy a home with potential to rent out rooms or renovate a basement, add an ADU etc. 

And are potential guests interested in staying at a STR in a basement that can have occasional squeaky floors from time to time?

Looking to see if anyone has a basic template of an operating agreement for a business partnership of two parties involved in the fix and flipping business?

And if you do not think you will get caught, a lot of nosey neighbors will call you out on it (we did not rent a basement but we had built a shed as an outdoor dog house that was heated and air conditioned and someone called about that on us...).

Go with a base about 2 feet wide or so,  all around, then lift out with your shovel, maybe put on a tarp and slide them where needed..

Our battery went out and our son had to crawl through a basement window but I doubt too many people could have done that, he was impressed by our increased security but didn't want to drive 2 hours back home so he found a way.