This might also be true even after you move out and put a renter in your unit, so make sure to analyze the property as owner-occupied and also after you move out. 

DownTown Pueblo has a lot of beauty and potential, but there are a lot of vacancies when it comes to commercial buildings, there is not much variety for restaurants, coffee shops, shopping districts, etc.I don't see AirBNB being the best right now, but who knows.

Ignatius,  I talk with investors every day and there is one things that I know is true about all.  

I have called 20 banks and no one does a 1st lien on investment properties except 1 stated they would if owner occupied.During the research I read a website, which stated that 1st lien HELOCS on non-occupied are illegal and not allowed by Federal Law.Anyone know if this is true?

Maybe because it's a true vacation rental. 

Most CPA will say they work with investors who own real estate all the time and that is probably technically true because so many people do have one or two properties, but that doesn't mean they treat their properties like investors, nor do those CPAs necessarily know how to take advantage of real estate tax rules.

If you plan on going on a shopping spree - look into DSCR loans. 

One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.

A lot of CA folks seem to want to shop only on Zillow, see 0, buy something, meet no one that is going to be supporting them, and then immediately lose money and get discouraged.

"The true measure of a man [person] is how he treats someone who can do him absolutely no good." - Samuel Johnson This post is intentionally short.