I know probably several hundred co-brokes and I have worked with many as an investor before I got licensed and started a team.A combination of several reasons: Real estate agents are in an industry that is easy entry and it rewards networking much more than actual skills (let that one sink in), because consumers don't know how to vet agents and it becomes mostly about trust - so you work with your friend's cousin, because he said she's great.

What's the best exit strategy in Colorado market?

@Claudia StewartSorry to have to tell you this...But your expectations are too high for a prop mgmt co to handle 1 little rinky dink property.

There are a lot of condos already on the Fannie Mae approved list for example and that only requires 5% down.Stay away from anything that is a Co-Op those are a nightmare in most cases and a lot of the Co-ops have by laws that require 25% down for example even if you qualify for 3-5% down.

Kyle PotswaldCitizens first position HELOC CMG Financial 70% LTVConsolidated CCU, high LTV NOO LOC, OR, WAEast West Bank, up to 60% LTV with "no docs” San Fran areaFigure 80% on a rental, not in LLC Finance of America, 95% CLTV, second home only, 680 FICO, not TXFirstBank CO and AZ 75% LTVFirst Florida Credit Union https://firstflorida.cumortgag...

The 4th Thursday of every month is a standing inspection for fire prevention to check all smoke detectors and CO detectors.

As a holding co in WY used only to move money no service is actually provided in either state related to this business, I was trying to set my business bank account in FL my home state and my "national bank" will not allow.

They can also point you to what permits and inspections you will need to get to CO (Certificate of Occupancy).  

Colorado is considered a “caveat emptor” state, aka buyer beware so the onus is mostly on the buyer to uncover any issues during their due diligence time period.

Hey Sam,If you decide you want to break into the Denver/Colorado Springs market, I would love to assist you!