Hey BP Community,I'm excited about this development near the base of Crested Butte ski resort. It is proven high end and has some of the best views - it's truly a rare opportunity as developable land disappears quickl...

If it's a long-term renter, it's a cake walk if the property is updated and you will save 10% a month.

Why not just do a cash out refinance and add them to title so you can walk away with some cash now? 

You could also do a walk tour through the facilities any ways to get a feel for the competition.The good thing, if as everyone has noted to you, check zoning; you are closer to the population than all of them. 

@Nicholas L. unfortunately no, BUT it handles a lot of the typical calculations that an investor would typically do before you even walk on-site to a property.

Would you walk away from this deal if the tenant was a bad tenant?

I did a very similar automation campaign for my guests.One useful tip  (you covered it on finding the apartment) is that I like to record a full walk through YouTube to show how to work things.

But April to August is enough time for a full down to the studs rehab.If the property needs work, we try to do a walk through as soon as we receive a move out notice, so we know what contractors we need.

I had walked around 8th st and center city in Allentown and it did look a little rough but def no where as rough as some parts of NYC.

A fridge keeps food fresh longer, a car saves time by reducing the need to walk everywhere, and buying a house ensures your money doesn’t simply expire like rent.But as investors, we’re aiming for something bigger.