What started out with 2 honest and trustworthy professionals ended with both accepting negotiated prison sentences. 

My goal is to network and build relationships with investor-friendly agents and experienced real estate professionals who have extensive knowledge of the central Indy market.

Investors continue to succeed here with short term rentals near and around RTP and downtown, or renting by the room on airbnb to young professionals.

The baseline now in Denver is having a hot tub, game room/area, house theme, high end finishes, professional photography, etc.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

Unless you or your wife can qualify as real estate professional status and claim passive non-cash losses against your active income.

Because they hire a professional to handle the day-to-day work for them.

Best to get recommendations if you can, you also might find one through a professional organization for Public Adjusters such as:https://www.napia.com/custom_m...

Readers are advised to seek professional advice.

If you want professional tax advice I can connect you with a great CPA.