@Connor Bell I believe the 16% solution is a book about tax liens. 

My solution is to use my eviction attorney for tenancy-related questions and my real estate attorney for anything involving written contracts.

Super easy solution  

Here are some solutions to your questions:Anticipated Upgrades as Renovation Costs: Yes, you can consider the anticipated upgrades as renovation costs in your calculations.

I want to rent them out separately and wondering if I’m able to just add a mailbox and label each door as ‘A’ and ‘B’ Also, how do you separate electricity/utility bills for each tenant?

^^That's the ultimate solution.

-When this does happen, we always try to be involved with investors to come up with viable solutions, including rent gap coverage when needed.

Quotes to add new meter and panel from excel are a lot not to mention Xcel and Denver permits are months behind and I don’t want to wait that long.Would sub metering be a simpler solution?

The rise and rise of house hacking might keep rolling considering that housing remains unaffordable due to high prices and low inventory resulting in an upward pressure on millennials headed for creative solutions like house hacking.Even though stylish nowadays, not only is house hacking in fashion but also bears enduring benefits like creating a property ladder, passive income generation, and financial freedom attainment.

Both banks and credit unions are good starting points, as they can offer different types of financing solutions that might suit your down payment goal of 15-20%, but the chances of getting 15-20% are limited as 25% is more likely to open more doors for you.