I have about $100k in capital reserves and can leverage the 2 properties for additional capital, as needed.

Additionally, any existing restrictions at the town level (there are MANY) will be abolished, unless deemed "reasonable" by the state.

Additionally, as stated above again, the projects that I was taking on were purchase well below market value.

Additionally, FEMA updated the local flood maps here in July 2024 and much of the area now requires flood insurance. 

I'm currently renovating my rear unit and it has the perfect layout to split into 2 units by adding a wall and an additional front door.

If things work out, we'd like to have at least 1 additional property before the end of the year and have 8 in 8 years.

I also want the seller to sign, just to add its own confirmation to the tenant's statements.

Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 

My goal is to live in the home during the winters, maybe 3-4 additional weeks for vacation, then rent it out to help cover the mortgage the rest of the year.  

We also allow users to amend a post at any time with additional information by replying to that post again, just like what happened here.We have no plans to change how the forums work as it pertains to the deletion of posts.