If they owned the house within the past 5 years, it will count as an asset even if it's been sold. 

We also believe with the right setup and amenities, it is possible to be successful even in a saturated market. 

The only other item I've seen is investing outside the US, there are some places where it is more common to have fully furnished apartments for rent, even for long term. 

Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

Hey Tyler assuming there's an inspection contingency, even though the contract states the buyer will inspect but not request repairs, they may still try to renegotiate or walk away.

On the front range, El Paso County/Colorado Springs is doing the better than Metro Denver and even Weld County/Ft Collins.

Not exactly earth-shattering.The bigger question is, why are you setting up an LLC before you even have anything to protect?

Even in asia your looking at starter $15 an hour build it then more for maintaining it. 3).

I am confident that I will accomplish even greater things in the future.

Even desperate though, this owner would literally walk away empty handed - no cash and no property.