For prices to keep appreciating, incomes have to increase to keep pace with the increased cost of the mortgages and interest rates have to stay at historic lows indefinitely.  

I'm not sure 1% rents are enough to allow you to buy indefinitely before your W2 financials are too weak to support the debt.It sounds like you're essentially trying to flip houses to yourself and refinance out your cash position to rinse and repeat. 

The robust appreciation in the Denver market will not be sustainable indefinitely AND interest rates are still pretty low, but they've started going up recently so, you never know when higher interest rates will slow down home buying.

My plan is still to keep them indefinitely but plans always change, I may sell a bunch in the next few years. 60 hours a week? 

That will not be allowed to continue indefinitely as cities start to categorize VRBO as a small hotel or resort. 2.

So even if tenants move out of province from April through August, my intent is to have them pay rent indefinitely. 

Prior to presenting an offer to a homeowner whose home is in definite need of many repairs, do you recommend doing a walk through of the property?

Definitely not a must for a rental but when you go to sell it that is when it will be more crucial  We are planning to hold pretty much indefinitely, so long as it has any sort of cashflow.

Sorry in advance for the long post...I have a family member with a home in Calgary Alberta that she would like to sell but given the hit to the housing market due to dropping oil and gas prices she doesn't want to sell now and take a loss, but doesn't she want to rent it indefinitely (the last time she did this she missed her opportunity to sell when the market was hot 2 years ago because she had tenants in place with a year long lease--well those same tenants renewed the lease in the spring and have now just broken the lease due to lay offs and leaving her high and dry)I proposed a lease option for her but need guidance on the numbers.It's a large luxury home in an A neighborhood but it's 33 years old and needs about $50,000 in work (paint, reinforce retaining wall, replace windows, etc etc)Her monthly payments are $2500.

I am also interested in wholesaling and buy and flip as well.So as it stands I plan to hold my HP house indefinitely as a rental and continue to look for more properties elsewhere.