Investment Info:Townhouse buy & hold investment.

If you’re after steady cash flow, buy-and-hold rentals might be ideal.

Also definitely do a good amount of research about rental laws in Colorado and make sure whatever lease you get a hold of is up to date with those laws.

I've seen insurance premiums for flood go up to 5-6k on a regular single family home depending on the area. 

@Muhammad Kashif to avoid interest related transactions:1) Buy & hold rentals - you make your money back via rental payments.2) Funding flip deals - instead of lending at an interest rate, you could lend for a percentage of the profits on the sale.

Purchased as-is with the goal of long term hold and minimal work needed. 

Just trying to make a decision on what might work best right now for our next move on buy and hold. 

I would use money from a HELOC that I have open to fund the down payment, but as @Scott Trench stated recently on the podcast, that is a short term solution, and I don't want to hold that $48k debt for more than a few months. 

Investment Info:Condo buy & hold investment.

Do you want to fix/flip or do you want to buy/hold?