Its simply not feasible to run title on everything that you want to bid on if your out west.the reason is you can look at 50 props you like and only 1 maybe 2 will actually go to sale and you have competition on those.. now i am talking TRUE foreclosure sales not Auction after the fact.

This might also be true even after you move out and put a renter in your unit, so make sure to analyze the property as owner-occupied and also after you move out. 

I have called 20 banks and no one does a 1st lien on investment properties except 1 stated they would if owner occupied.During the research I read a website, which stated that 1st lien HELOCS on non-occupied are illegal and not allowed by Federal Law.Anyone know if this is true?

Maybe because it's a true vacation rental. 

Most CPA will say they work with investors who own real estate all the time and that is probably technically true because so many people do have one or two properties, but that doesn't mean they treat their properties like investors, nor do those CPAs necessarily know how to take advantage of real estate tax rules.

DownTown Pueblo has a lot of beauty and potential, but there are a lot of vacancies when it comes to commercial buildings, there is not much variety for restaurants, coffee shops, shopping districts, etc.I don't see AirBNB being the best right now, but who knows.

How do I know if this is true?

"The true measure of a man [person] is how he treats someone who can do him absolutely no good." - Samuel Johnson This post is intentionally short. 

Hi Mel, Obviously this is a beautiful home that means a lot to you.

This is the beauty of real estate—especially in resort areas or markets with above-average appreciation.