Even new laws restricting short-term rentals seemed only to present new opportunities to savvy investors who knew how to find the gaps.But the last year here, I've started to wonder if Airbnb and short-term rentals as I've known them are dead in Colorado. 

Both allow for renovation and the Homestyle is less restrictive than the 203. 

- If so, what restrictions do they have?

I am familiar with Firestone park, Goodyear Heights, Fairlawn as pretty solid areas.

I use the individual stackable units when I have space restrictions.

I have heard there are FHA construction loans but that they are pretty restrictive and do not allow for multi unit construction.

I would also recommend paying attention to the landlord restrictions, rent control and overall laws as it relates to owner/tenant relationships.

Also, HomeReady/HomePossible (Conventional loans) can be just as favorable for househacking but also bring Conventional Conforming income guidelines to the deal, rather than the more restrictive FHA guidelines. 

We are starting our first BRRRR property in Garfield Heights 44125. 

The good news about the saturation is a lot of investors bought in the height of covid, with abnormally high performance numbers.