They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.

There are lenders who will do 15% down, but the terms will make the loan impractical in the vast majority of cases. 

Location is crucial for short term rentals and it is better to fit the majority needs than to be a specific kind of rental.

Neighborhoods near major employers like the AFB often provide reliable rental demand, which is a great foundation for a long-term hold strategy. 

They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.

With a condo it might be less risky because of HOA maintaining the major capital expenditures. 

As there are Californians still moving here, the vast majority are instead picking the states with low or no state income tax like Texas, Florida, or Tennessee.Although we still have a positive influx of people moving here, more people have been leaving due to rising housing costs in recent years.To put it in perspective, we saw around +45k in the 2010's.Overall, CO is basically a balanced net migration in recent years which is likely to keep home prices steady....

Well off the bat major problems house had leak in the downstairs took 2 months to fix.

Hi Renata,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.

Thousand Oaks has become increasing popular and has a lot going for it (major pharma, university, etc.).