Do as @Jerry Padilla said and shop for a portfolio loan or 2. alter your search for a different complex in Denver (or Aurora).Good luck. 

(You can’t expect to significantly alter and improve a property w/o some reassessment.

@Ramiro RodriguezI use the contract provided by TREC, 1-4 Family Residential contract. https://www.trec.texas.gov/  You may want to consult with an attorney to see if any alterations would be needed to that contract, based on your business model.

Would the fact that dachshunds are generally under 30 pounds alter your take on this--or would a litter of any size dogs be enough for you to say NO WAY?

@D'Andre ByersCircular 26-18-6 - April 5, 2018 - Loans for Alteration and RepairPURPOSE: This circular replaces Chapter 7, Topic 4, Loans for Alteration and Repair, in the Department of Veterans Affairs (VA) Lender's Handbook, 26-7.

Also, please let me know if something looks completely ridiculous :-) I want to be able to translate this into daily activities that will move me toward my goals! 

There may be ways to alter the allocation based upon common areas such as rooms shared (kitchen, bathrooms, living rooms), a garage restricted to use by one or the other party, etc.You can certainly acquire the replacement property with other individuals. 

 :)That $1,500 a month translates to an $18,000 return on your $66k investment (27% cash on cash) before you take into consideration other overhead expenses you might incur... excessive repairs, renovations, rehabbing if the property isn't quite where you want it when you buy it, etc... but you get the gist of how rentals kicks wall street's butt!

So I did a double-take at my buying criteria, converted it into CONCRETE standards in a document, and translated into 7 mi radius around 6 major towns around Atlanta.

I already have some experience as an agent, so I just need to translate that knowledge into DMV wholesale.