Also, this house sat for 17 months so once the snow melted I realized how bad of condition the yard was in.

Lots of engineers, and i'll add to John's nicknames, "melting pot of the south".  

Different cultures have different ways of living their lives.. you dont see a lot of other cultures ( at least here on the West coast were we are a melting pot) that have children before they are married..

Our plan is to request the 3rd draw next week once the 2nd floor front unit has been completed.The last draw includes the fire alarm system (which is already done), the staircase coming off of the 2nd floor rear unit (which will be done next week) and exterior painting which we can start once some of this snow melts and the temperatures rise a little bit.

When the resets started hitting, MBS started melting down.

It's a desert and cars/bicycles literally melt on the streets lol)I think you are thinking about it well, especially looking at a long term approach, in a city like Denver that has good population growth, rent growth, average income, and vacancy rate like you mentioned is a still a great play if you are satisfied with just breaking even for a while, and seeing future profits/appreciation. 

On my initial “walk-arounds” on the property, I missed a foundation issue because the snow had not yet melted far enough down for me to see it.

I joke around telling my wife that she is my insurance policy if we ever see another real estate melt down like 2007 - 2009.

Water isn’t leaking onto the attic floor but when it snowed today the section of roof over these spots has melted while the rest of the roof still has snow.

and as long as there is this uber liquidity in the market ( IE cheap to historic cheap mortgage money).. this should not be a wide spread melt down like 08 when mortgage money froze solid and the markets lost all their liquidity unless you had cash