But if you did the property up right with killer design and great amenities -- I'm picturing cool wallpaper, a game room, boho/modern furniture and a hot tub -- I can see a place here doing well as an affordable Airbnb/STR option just 10 minutes to downtown Denver.

That expiring NOL keeping you up at night?

And are there any meet up groups you would recommend joining for real estate investing ?

By adding an extra bedroom, and opening up the 2nd unit by restructuring some of the walls, switching around some of the rooms in the first unit to make it more inviting and give it a larger kitchen.

I typically end up working on maintenance projects for 8-10 hours a day if I happen to use our properties, but hypothetically, it can be done.

The repair was extensive and costly, requiring excavation (about 3x6 feet) to replace the broken section and clean up the mess.

-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. 

My question was should I give her a heads-up?

I am on the Neighborhood Building Owner's Alliance weekly calls, and we had this ADU issue come up.

So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.