It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

Many times they will hold back the renovation costs in escrow and release once you’ve shown the renovated unit and leased it.  

I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!

Investment Info:Single-family residence buy & hold investment.

I know I need to hold the security deposit in an escrow account.  

I’m passionate about learning and improving my process to provide real value to investors, whether you’re focused on fix-and-flip, buy-and-hold, or any other strategy.Looking forward to your thoughts and insights!

I'm specifically searching for an agent who:Has experience working with foreign investors (I’m not based in the US).Has been involved in buy-and-hold projects with investors multiple times.Can provide an approximate rehab cost by looking at pictures and is familiar with rehabs.Is willing to visit properties physically (I won’t ask you to check out too many).Has connections with wholesalers (a plus but not a dealbreaker).If this sounds like you—or if you know someone who fits the description—please reach out OR leave a message in I will get back to you.

A special committee was formed last year, and was to hold 6 non-public meetings and then send their finalized recommendations to the commissioners in November.

Possible hold Lessons learned?

Investment Info:Single-family residence buy & hold investment.