As you contemplate this and potential investment strategies, be aware of FIRPTA. 

Uncle passed away earlier this year here in CO and I am contemplating buying out the other beneficiaries of his home.

The architecture and lot of the property may favor one or the other as well.And of course, a good real estate agent can tell you what the market is for what you’re contemplating.  

I am attempting to do the same sort of thing. please message back if are still contemplating doing this.

We just refinanced and now have access to a much larger line of credit which I'm contemplating utilizing in a seller financed offer for investment property.

We are contemplating turning it into a short term rental. 

I'm currently contemplating on building a collaborative relationship with a Real Estate Investor who specializes in wholesaling.  

I've contemplated doing a promote - where both partners get a pro-rata return on their investment until their original equity is returned and then having 60% go to me and 40% to my partner. 

Whereas minor sinkhole openings on your property not only leave you the bill to remedy the problem, but also permanently tank the value of your property unto eternity.To all the other investors here: am I crazy for even contemplating owning more houses in Florida?

This is pretty much impossible on a stabilized apartment.Now I am contemplating selling the fourplex, as I was just gifted a $3000 punch-turn on my last tenant leaving.