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...

In fact, some of them have been in the news lately and popped up on the foreclosure list as they are in trouble financially as well. 

Comes with the territory of being a litigation/trial attorney for almost 40 years.

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

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

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 will back it up with sound logic.  

I’ve learned the hard way that a little miscommunication can lead to big headaches.

Sounds like a mix of opportunities provided you fix it up better than "poor" condition.

Would love to meet up sometime.