This allows you to purchase a place at 5% down and renovate as you need to.

.: @Jay Hinrichs  Why do you prefer PR over PS?

Are you living in Aspen now or are you commuting from down valley?

Be skeptical of the developer's claims, as your property's value likely won't see substantial growth until the entire development is completed and sold, which could take several years.

Start by analyzing cash flow and market demand for each property to decide which one to rent out.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?

By higher I am talking 7% acquisition fee, which is much higher than the standard 2 to 4% that you will see with other syndicators.

If you're purchasing a single family home you can use traditional financing like you probably did on your house or you can do a commercial loan.

What out of state areas have you considered?

Provided you are sticking to the letter and spirity of your rental agreement, you have to set boundaries People that get indignant over you setting boundaries are not worth worried about.