Many investors claim Colorado is now more restrictive for landlords than California! 

I have a visa and although there are advantages to having my visa for lending and travel, it also allows me the ability to live in the US without restrictions that a Canadian would have without one. 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Beside the labor costs there are the permitting and restrictions around Truckee.

Investment Info:

Single-family residence buy & hold investment in Piffard.

Purchase price: $125,000

Cash invested: $38,000

Our Mission: Provide Better Homes for our Veterans and those most in nee...

The residents do not seem to be STR friendly, so I would expect more restrictions in the months and years to come. 

Like I mentioned before the initial reason for setting up the LLC and running the short term rental through it was to show income through our tax returns and have more access to lending in the future.

.- Low crime, low foot traffic- Access to restaurants, grocery and job (hospital, university, denver tech center, denver downtown)- COC ~5-6%My preferred method to buy is Sub-To, so I would like sellers (and agents) who are ready and willing to consider this.

(Note: I’m aware of the new STR restrictions in the area).

Additionally, I have access to cabinets, doors, and other materials through trades with a friend and uncle who own 100+ doors between them, but still budgeted funds for replacements if they can't offer some.