Let me know if you need more ideas, I'd be happy to connect! 

-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband. 

This would not cost anything BUT tenants may be able to argue over bill more and I know RUBS has sometimes been outlawed in certain jurisdictions so would be less future proof.

Anyone know of a REIA in the Topeka/Kansas City area?

Let me know if you have any other questions.

However, and I don't know anything about AirBnB in Denver, but my biggest concern for this project is the ability to consistently rent the basement for $1,800. 

I know when it comes to many cities there are long permit processes and also there are specific air laws that go into each city.I would love to hear a story that goes over an experience pertaining to developing/rehabbing a property in the DC area. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I’d be curious to know what local company you found that would quote it, and if they used the CA Fair Plan in their quote. 

@Jaycee Greene,  Thanks for letting me know.