I don't have a CPA at the moment so maybe I should try to find one.

The physical beauty here is unmatched.I know the idea of living mortgage-free is exciting, but it's just not doable in an area like Colorado Springs (or Denver just to the north).

If you take the owner financing and it is paid off shortly you will have a large tax burden at that moment. 

@Travis AndresThe beauty of such "rules" is that they are up to each investor how much stock you put in them. 

The land is mostly forested with a year-round stream running through it - it's beautiful and private and was largely unaffected by the recent floods as it sits high up and consists of large hills.

Hi Dav,Yes, there are short term financing for 5+ units, usually in 10-12% interest at the moment.

Out of all the deals I have done, maybe only 1% I would say was a slamdunk and I saw there was no way to lose no matter what (i.e. somebody just handed a piece of real estate to me and only wanted pennies on the dollar) 99% of the deals, none of them looked like a slamdunk in the moment.

Awesome :D Congratulations...she's a beauty!

But I do not have that type of money to invest at the moment. 

They are beautiful to look at  Because of a shoreline act passed it is impossible to change their footprint because some these would not be allowed to be built on today.