But if you're someone looking to house hack or just do a rent-by-the-room model in Denver, this could give you peace of mind that you're not going to get shut down. 

Plum Creek, Kyle - 1900 SF, 4 bed 2 bath, Corner lot, large backyard, great school district ratingWhisper, San Marcos - 2300 SF, 4 bed 3 bath + study room, moderate backyard, OK school district ratingThe Whisper property is about $20K higher priced.

Even if I put all of my $120k down, and assume that I can collect $800 per room (in worst case scenario), I am still in negative cash flow.

The resort plus condo fees and replacement fees keeps nearly 66% of room revenue.

Their reputation is everything, and poor performance in their fund will have them laughed out of the room when they try to sell their $10K course on using OPM to buy property and achieve financial freedom in 1 year.

I have a self storage owner come to me with an off market deal for his 84 unit business with room to expand.

My plumber just installed laundry plumbing and a gas line in our utility room. 

You want to have more room in LTV paying down principle to be better position for refinance in a few years when rates hopefully come down.

But, you can use it to buy a 2-4 unit (2 unit are much easier then 3 or 4)or house hack a single family meaning live in the house and rent rooms to friend having them pay you mortgage for you.

  $100 a year is pretty minor in the grand scheme of things...