Unless they are planning a ton of preventive health operations/community health outreach they are just putting a band-aid on a broken bone.   

I use a neutral white in all my properties Sherwin Williams "Weathered Bone".

A little fuzzy on that point.I’ve never seen 1245 recap on real estate before, ordinarily (no pun intended) this would be 1250 unrecap and *only on the historical depreciation taken*.If he bought it for $300K, took $200K depreciation down to the bone and the rest is land, that $900K gain would be $200K unrecap 1250 and the other $700K would be … 1231!

There is a special approach to doing that and you have little competition when you focus on those.I hear you, if the valuation is right then it's great, but there has to be some meat on the bone to actually get a good deal.

But there is still some meat on the bone from an appreciation perspective compared to other developed ski resort areas in CO like Breckenridge, Avon/Vail, etc.

There is not much meat on the bone either way, what is the reason for wanting to move out of it?

Basic updates but good bones were good and for that price range it falls into line with you having $400K.

Class B would be older (maybe 10+ yrs old) with the same amenities, or you could argue that new construction, but with cheap finishes and "bare bones" amenities, would also be B.For area: it commonly comes down to crime, schools, and convenience/entertainment access.  

There doesn't seem to be alot of meat on the bone. 

@Anna Cherubini most free systems will only offer bare bone options.Most of the systems that cost money do allow daily charges.