Talk to me about the numbers. it would be less management intensive to just rent it out as 2 separate units and not 5 bedrooms. 

Sadly, you ran into the situation right away where you need to play hardball.The property owner has defined rights of entry.

Jefferson County is the only Colorado municipality I know that has some requirements but also gives discretion to approve a short-term rental permit over to a county board.To your specific question, yes, the 1-acre requirement is likely a barrier for you and your neighbors.The frustrating thing for a lot of Airbnb owners in JeffCo is that if you try to play by the rules, you could get shut down.

While a hand written addressed letter, I feel would get my attention a bit more.I won't be doing thousands of reachouts initially, just 250 or so per month so while letters would be more time intensive, I am open to it if the response rate is better.

Usually that intended party is 10 investors removed from the investor who currently has their hands on the agreement with 10 investors playing their hand at attorney and making tweaks they believe are necessary for their personal business.

It's not a game changer, but a strong concession can level the playing field a bit.

I'm just trying to learn and find example properties that I can play around with.

With a $40 per stay fee in tandem with cheaper home prices, PCP is a value play.

If you played your cards right you may even cashflow upon moving out because you will now rent the space your were living in.

The rapid rise in interest rates have caused somewhat of a mess for multi-family but that damage is likely already in the past (but not played out yet).