I’d suggest exploring a bridge loan that covers a portion of the purchase price along with 100% of the renovation costs.

But I am wondering if there is any good Keywords for Zillow, or any websites where something like this may stand out more or any tips someone may have for finding these type of properties in CO.Thanks! 

In fact, invest outside Calif for sure.I suggest you continue to rent and buy an investment property first.

Any recommendations or suggestions on how to navigate this?

@Dominic Holt , I am happy to review your scenario and suggest changes that could improve your property.

We also take our draws/income in a different proportion that what each of our Basis' are.One things that I have often wondered when people are thinking of doing the S-Corp thing to 'save on FICA' - I get that, in general.

So as for Russell who noted his success in the WA DC market ( expensive) I wonder if @Steve K. gets the same for his market in Boulder Co. ( expensive). 

However, just to set expectations, they most likely won’t make any changes unless there’s a clear error in the valuation.That said, since the $1,000 increase works out to about $83 per month, I’d suggest checking what the market rents are in your area.

@David Putz I wonder if someone is maintaining a list of where all the servicers are licensed...I can't imagine that would be easy to keep track of, but I don't know how often they would change.Having a resource that has all the typical fee info and service states for each servicer in one document would be amazing.

If anyone can suggest some help I would greatly appreciate it.