Ideally, this CRM would have the ability to have up to 500 contacts, at the very least. 

Then seller didn't have a clear marketable title and the ability to sell the property.So it really depends what the liens are.

So, this is the second thread in which you've attacked my ability to do math and my integrity.  

By doing my homework, such as studying up on the Colorado contract and filling it out myself in advance of working with the attorney, asking questions of the attorney as a last resort after searching for information to the best of my ability, and clarifying my questions and sending any questions in an email, I was able to minimize time and pay less.

Consider looking for a large single-family home with the ability to add more rooms or bathrooms, then rent it out by the room. 

Accepting even a small amount can complicate the eviction process and potentially delay your ability to terminate the lease in court.

Quote from @Levi Perl: The purpose of background screening is to determine a level of risk, and then you decide if you can mitigate that risk.How does a DUI conviction from three years ago impact the tenant's ability to pay rent or maintain the property?

Ultimately, it’s about finding an arrangement that aligns with your goals without compromising your ability to discover the best deals.

The property alone is worth a million but is generating an estimated $250k/ yr with the ability to add 3 units on site and acquire an additional 13 acres.

Layer on the ability to invest the funds that otherwise would go towards the down payment and transactional costs and you likely come out ahead in such a short term horizon renting.