To give you an idea of how we approach it, we assume the worst-case scenario right from the start is 9-12 months of no rent, $5,000 in legal fees, and an additional $5,000 in expenses to deal with moving their stuff, putting it in storage, and dealing with health code violations or NOV's from the city during the process. 

Because you're new, it is a good idea to ask about the brokerage's agent training offerings and potential teams to join to get experience. 

The camera idea is a good one.

I think the idea of starting fresh financially, as soon as possible, would eliminate a lot of stress.

One good idea is to connect with the social worker department at the hospital to see if you can assist with anyone traveling to the area. 

Its also a good idea to keep any receipts (I use a google drive folder, they have a scan function that makes uploading receipts a breeze)

So the whole idea that $109mnth is some "big incentive" to do nothing is just FAKE-NEWS.

The hang up is getting deals formally drawn up.One idea:- I buy the property and pay 25% DP, then they provide capital after the closing and I pay them P&I over 5-10 years.

I know there is no one right answer and some variable, but looking for ideas/advice. 

They moved in and within 24 hours sent the following letter (names have been changed): "Hi Dawn and Brian,Sindy and I are frustrated, disappointed, and really struggling with the idea of moving forward with the move into your home.We realize this is the first time you have rented a property to someone, and may not be aware of the responsibilities that landlords have, and want to inform you that there are habitability issues with the home that are quite literally against the law, pursuant to Colorado’s Warranty of Habitability Law, CRS §§ 38-12-501 et seq.