well you dont say how much you have in it.. but if you can sell now and lose 10k and get out of a HML that would be my suggestion.HML  if they go into default interest and you could look at losing quite a bit especially if your HML is one of those that are not forgiving and wont give an inch on what they are owed.

It's one of the last few "affordable" areas near downtown Denver.Are you buying as a primary residence, looking to house-hack with the studio out back? 

THEN 1031 it into another rehab that costs more than what you are selling the old one for.

When I did my research for buying my properties in Costa Rica, I had one of the big STR management companies like Evolve analyze my potential profits and I used that info to raise money through bringing on partners to buy the properties. 

We don't do "holding fees" as tenants don't understand that and we had one threaten to sue.

Still boils down to will the developers go for it and will the market receive them well.Portland came up with some really high density rules to allow these little tiny home villages and the planners and city was so proud and a few developers tried them but the market ( buyers) dont like them and the projects have failed so no one is building them anymore.. 

In those cases we may offer "one month free" but it will be the third month that is free.

.- Hefty penalty on either one of the parties for early termination of lease Owner plans to invest some of his own money to upgrade/refurbish things?

I’m all about finding value, creating win-win deals, and growing my portfolio one property at a time.

One I would keep as my residence.