Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.

Creative financing can be quite powerful but it needs to be learned either from someone experienced or will be learned by trial and error.

There is also a tool that will let you determine an estimate of what taxes might go upto.In order to do what you are mentioning above, it is called a drop-and-swap.

I would recommend listening to the BP podcast, they cover several different topics/investment strategis and it would be a good tool for a new investor that's unsure how they want to invest.

This will give you buying power up to roughly $700k as there are plenty of lenders who ovver 90% LTC loans while offering 100% of rehab funds. 

You'll need to figure out how to wire it (it's not that tricky, a lot of devices have a 12v power supply) or pick a different model that can plug into a wall but has similar specs. 

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

But it's a great tool for practicing analyzing deals :)

What data do you gather and what tools do you use to optimize this process?

As an investor, your credit is  absolutely the most important tool you have.