That doesn't mean Colorado Springs is a bad market for investing (I think the opposite is true), but depending on investor expectations, there can be some sticker shock.

I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%.

The biggest unexpected sticker shock was having to pay a plumber ~800 just to run the gas line 10 feet.

I have some serious sticker shock - buying a $2k/mo multifamily for $35k?  

Look for the tax sticker in the window must be a 2016.#2 down needs to be 20%.  

There are one-off circumstances where the above does not hold true, particularly when it's a wealthy family member doing a favor for their not so wealthy family members.If anyone wants to get excited and use this strategy as a landlord, keep in mind that if you do not sacrifice enough goats to the Real Estate Gods, the first tenant you do this with will end up one that's actually qualified (or that is magically a cash buyer due to an inheritance), and then you gotta sell it to them for that discounted sticker price that was your hook, because hey it says right there in writing that you would.

I'm currently running small ads in the local city paper and have a window sticker " I buy houses".

You cant generalize with taxes saying "Erie County" as you'll get sticker shock in Cheektowaga and other suburbs, the city is cheap though. 

Determining if I will put a sign on the property, where can I get the sign I want to use and the stickers to put my phone number on it.Then if it is a property where there is some work needed, you'd have to add in all the time to accomplish this, with an important variable being the availability of vendors determining when this work would happen.This is speaking as someone with a family and full-time job, other people might need less time.  

I'll seen lots of those signs with the phone number cut out and a sticker placed on top stating 'SCAM'.