Eagle Nest is a beautiful area with tall pines and aspen trees. 

As many of you may know, Assembly Bill 968 (AB-968) has recently been passed, which mandates a comprehensive disclosure of repairs and renovations from sellers who flip one-to-four-unit properties within 18 months of buying them.For those who are not familiar with the details, AB-968 requires sellers to disclose all repairs and renovations performed on the property during their ownership period.

It was affordable and in a beautiful area with a great school and a tight nit community.

Hello beautiful people of BP!

Beautiful property and the lender rate is great in this market.

Hey Joey,Cost Segregation and REPS: Yes, you can perform a cost segregation study once your wife qualifies for Real Estate Professional Status (REPS) and use accelerated depreciation to offset your W2 income in subsequent years of renting the property.Purchasing Another Property: It can be beneficial to purchase another rental property within the first 5 years to continue maximizing depreciation deductions.

I have a hard time with the fee structure and low performance of DST's, but they are an option to explore into.Most sponsors require a $1mm or more to 1031 into a deal.

If you are looking to make some money and have a place to use 4-5 times a year, then from that aspect it's a great investment but solely looking at numbers I could find others that perform much better.  

It isn't that it doesn't work, but if a buyer cannot perform and let's say you are outside of the due diligence period you look like a scammer.

Out of roughly 612 sales, 2 sales were performed with either seller financing or sub to financing or a mixture.