I see the potential, since it's a very unique home that would be great as an STR, so I want to snatch it up.

I recommend you go to the source and educate yourself on all the landlord-tenant laws, particularly in an increasingly regulated state like Colorado.Here's a good starting point: https://doh.colorado.gov/landlord-rights-and-responsibilitie...

@Jimmy LieuIf the property is listed, the commission has already been negotiated between the seller and the listing agent.

What was the outcome?

Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

If you are a current owner, you are going to love these statistics:Median List Price= UP month over monthMedian New Listing Price=UP month over monthPrice Per Sqft=UP month over monthAvg days on Market=Down month over monthMedian days on Market=Down month over monthInventory=Down month over monthI don’t know if it could get much better for sellers!

I dunno @Mike Francis, this has come up before and I still think that you aren't going to get a ton of traffic from being on there.

I have been told that systems for blanket loans only allow up to 4 units.

When the pandemic hit and landlords across the country feared the worst (cue the “no rent” movement), REI Nation really stepped up.

The  tenants are ok and had renter's insurance.During the renovation quotes, asbestos was found and tested.