Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.

A good realtor can generally help you win a bidding war with a higher earnest money and a fast close with no inspection if that was the case.Under the current circumstance you could pull out just enough cash that will allow the home to cash flow based on a LTR.

Make sure you have a downpayment, closing costs, inspection money, as well as six months in reserve savings.

Digital cameras make it easy to take hundreds of photos during each inspection.

In fact i sold an 8 family to an investor in california who never saw the building but had a home inspection and closed on it. 

A thorough inspection will give you a clearer idea of the true scope of work involved.

I'm under contract on a property and the sewer scope inspection report said "The service was observed for approximately 82 feet, and the termination was not visible or and condition was not determined.

I'm also making the assumption (which i would have inspected) that no "major" structural repair is required.Home ListingBP Fix & Flip ReportRehab Estimate Report

I had a SFR Section 8 annual inspection today.

Have the furnace, A/C, water heater etc all on a schedule to have inspected and serviced.