@Judie Collins I agree!

Collins Trust, 599 N.W.2d at 464 (citing Larman v.

Hey @Mike Collins I agree with Alan here about the cash cushion, but you may also want to give this David Green article a read when you have some time if you havent read already:https://www.biggerpockets.com/blog/brrrr-strategy-real-estate-investingIts pretty thorough and outlines the basics of the BRRRR strategy, which you might want to explore if you have less capital reserves to work with.

@Robert Collins I agree with @Jacob Sampson - there are closing costs at the title company that someone will have to pay for - attorney fees, doc fees, title policy, etc.

Another question we had was whether or not the Colorado Springs area was still a good market to invest in or if anyone had any insight to some other places such as Aurora or Fort Collins.

@Collin Smith You may want to check with a few mobile home dealerships in the area.

Thank you so much @Joan Pitoscia!!

I have a rental unit in Fort Collins, CO.

@Marduk Mooshoolzadeh@Marduk MooshoolzadehI’d say so, I just bought a house in Fort Collins, Colorado with 3% down on a conventional loan, which turned out to be around 11k downpayment and $1200 for the inspection and appraisal.. and Colorado is one of the more expensive states to live in in the US.

Hey, @Robert Collins, so why do you hate HML?