Some jurisdictions are taking the statewide ADU rules and going much further extreme.  

But in my opinion the 1% Rule has gone the same way as the 2% Rule.

Do you guys still apply that rule? 

Specifically, creating a property project timeline for work that needs to be done and when to prioritize XYZ.

Or does it matter (can we create one in Colorado)?

@Ginger Vaadi I would agree the 50% rule probably more accurate over time.

It allows for a period of adjustment during down periods and takes advantage of the market's upward trajectory.By projecting returns, considering a solid five-year window, timing the market strategically, and analyzing historical patterns, I've been able to make profitable investments and build lasting wealth.Let me share with you the strategies on creating generational wealth that have worked for me and can work for you, too.Long-Term Mindset.

Quote from @Sherylyn Holden: I posted awhile back about the new short term rental rules in San Antonio here: https://www.biggerpockets.com/forums/530/topics/1200417-new-...Wanted to share a brief update on my experience and some other helpful notes:The city is getting serious about these rules.

We know we want to create an llc but is it difficult to secure a loan?

There really isn't a market that meets the 1% rule.