I’m curious about the pros and cons you’ve found with each approach, especially here in Colorado.

The downside to this approach is that it can be time consuming and tedious to find exactly what you’re looking for.

This approach allows for continuous growth and wealth accumulation.

Have there been subtle approaches that worked for you?

You have a very good balanced approach to getting started and it's great you are prepping for the future.

Both approaches can be effective, but they come with different sets of considerations.Turnkey properties are often a safer choice, especially for those just starting out.

I love the systematic approach you are taking with your real estate investors. 

Some lending attorneys now recommend interviewing your borrower in a recorded Zoom call, using scripted questions, to document their intentions.Your list and communication clause comments, @Jonathan Chan, appear to reflect a do-it-yourself approach.

My approach was to partner with a GC, so he handles the rehab estimates with his years of experience.Another option is to read J Scott’s book on estimating rehab costs.I've heard a lot about this book.

I’m still new to the industry and learning different ways to approach my goals, so hearing your experience is really helpful.