Also do inspections :)

You have seller commissions, acquisition costs, marketing costs/time, inspections, etc.

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.

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.

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. 

Are there concerns like location, zoning or land use, or is it simply about passing the inspection if it's a residential use?

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

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

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

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