After you've improved the property and increased its value, refinancing can potentially allow you to pull out most, if not all, of your initial investment.

In my case I had a class A location and it took the initial broker almost 4 weeks to put up a sign. 

I initially considered looking at properties in Pueblo, directly south of Colorado Springs, since there are MFH's there that are significantly more affordable than in CS.

However, even though there is no redemption period after the sale, the owner (or a lien holder) has 1 year to initiate proceedings to challenge the validity or irregularity of the tax sale.I think if you want title, you are in your right to pursue that either with TTS or an attorney.   

Another reason the loan needs to be secured by another property initially at least.  

https://bit.ly/489317gWhen we started many years ago I initially only wanted a few workflows and calendar sync between Airbnb and VRBO.

Initially, my thoughts are too few bedrooms for 2200 sq ft, is there a way to have a 4th bed, that size house should be able to sleep 12-13 in our experience.We have two 1650 sq ft stilt beach houses and they are both 4/4's and sleep 12-13 and we do about 140k combined in them.

If so, and new insurance is added, the lenders mortgagee clause will have to be added so they will presumably become notified of the arrangement.As for your initial question about managing the property, if you are under contract you are considered the equitable owner.

In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.

He is bringing in the property plus $25,000 cash ($20,000 to cover closing costs and $5,000 for initial operating expenses), while I'll contribute a $130,000 cash downpayment and handle day-to-day management due to my proximity to the property.