Typically these will have some amenities like a pool, lake or are near a national park, etc and will attract people for longer stays 3-7 days.

(Horsebnb.com)Looking for additional income sources AND the fun people I think this would attract. 

During election campaign Biden veers Left to attract the radical votes that may go Kennedy……

Also, avoid issues with city and S8 inspections.3) Marketing Impact - a purple bedroom doesn't need painting, but usually has to be done to attract a tenant.4) Miscellaneous - anything that doesn't meet one of the above criteria.By logically breaking these down for our owner clients, we help them make better decisions on "repairing to their budget" and avoid over-repairing or being a slumlord.Suggest you use this approach with your PMC to address the $22k bid.Lstly, how many bids did your PMC send you regarding the $2k pest treatments?

I understand that you are attracted to the Denver and Boulder area and I would be curious to know if you have planned for the additional costs of living in these areas including the large(r) mortgage payment you may be taking on when financing 95% of the purchase price?

@Michael SmytheYeah it’s more the amenities, attractions or near a family member. 50 miles plus isn’t a magic number, old policy

Is the percentage rent from restaurant sales baked into the income that makes the cap rate look more attractive but isn't actually stable, secure income over the long term?

Easier to rent:  Two bedrooms attracts fewer occupants (not tenants) vs a 3 bedroom where often that extra bedroom is housing an adult kid, dead beat family or friend.  

The low initial investment and high resale value made it an attractive opportunity.

The low initial investment and high resale value made it an attractive opportunity.