The current condition is HORRIBLE, it needs a roof and when I say roof I mean it needs trusses and decking. 

The loan officer stood up and said "sorry, I can't help you".

But here, I'm dealing with people who were pros long before I even knew what ARV stood for.

yeah that would be the deal breaker, if the bigger party needed to provide the guarantee.I drilled the loan officer on this and he stood by his statement.

Hi Ozzie Konar,I read this post and was going to just let this go (because you're right, there are many such posts, and likely the reason you haven't gotten much response), but one thing stood out to me that I have to comment on.Originally posted by Ozzie Konar:If the interest is high, have an open house where you can have them come in the same day, (bidding war)Any comments, criticism, or corrections are highly welcomed??????

It was in fact very surprising to me to see the same houses that stood abandoned in 2008 still untouched till today, despite such a shortage.

A few stood out and were of high quality and others, I felt they were lacking.My opinion is that it's good to diversify so that is where I plan to expand into.

We stood up our LLC through a lawyer who speaks at our local REIAs, deals exclusively with real estate, and came recommended.

I also have an LLC I just stood up but in Texas for real estate.

So among other prospect states, Denver stood out to me.