In a rural market, the available tenants are much thinner when you get out of that zone.  

Well, since we're "magnificent people," this is what I can do for you, Rals...What's your blood type? 

But after looking through the Denver market for awhile we decided it's too rich for our blood right now.

I don't mean sending the tenant a reminder and receiving from them a promise from the heart, a notarized affidavit of intent, a blood oath on their children's eyes that yes, they will be out on such-and-such a date and time.

It looks nice and is holding up well, but is a bit thinner than the Vesdura.

It’s in my blood.....

There are only 2 ways to deal with a downturn: keep your powder dry and when you see blood in the streets, buy!

Money can change people, and you don't want to find yourself in a position where you find yourself putting in blood sweat and tears into the property rehabbing it/managing it and feeling like you are being short changed because your friend "promised" you a x% cut of the deal.

And, finally, VA loans w/ 0% down have lower default rates than FHA 3.5% down, almost as low as conventional 20% down (turns out that "down payments" of sweat and blood are about as sure-thing as down payments of cash). 

Every year you have to pay roughly $1000 for the licensing and refresher courses as well as more money for the blood testing every 3 months.