There are a few QI's that I have worked with a lot in the pass who have given me their QI docs to take a look at, but out of respect, i'd rather not hound them on all the aspect of running a QI since i will no longer be sending them referrals, and in fact, will be coming their competition.

Well your first step should be to define your goals which you already have done!

The other practical aspect of this is that you're completely on their time frame. 

PM me, I'm a developer and architect in Denver, I can help you take a look at all these aspects.

I ultimately have an idea of places that I would like to live, but just wanted to see what people thought from both an investing aspect as well as enjoyable place to live.

You need to define the highest and best use that is allowed by zoning and conforms to the current and future land use plan map for the city or county.

Let's definately plan on My wife and I buying coffee or lunch for you and your wife at our earliest convenience.In the meantime, I'd love to get some advice as to how you are making your business work, if you would be so gracious.Thanks so much for the reply.

That will define your price and rent point, which pretty much answers your ZIP code question.As an out of state investor you don't want to buy projects.

The original lease states that upon renewal, that rents will increase by 2%.Do we need to draft an entirely new lease agreement upon the renewal, or can we define the new terms using an addendum to the original lease ?

Our biggest hurdle is the financing aspect of it and we both know a couple of people locally who may be able to help, BUT we are wanting to start learning as much as possible to turning this idea into a future career as we both like the idea of employment independence as well as financial independence.