(You mentioned values have doubled or tripled in 7 years, but rents are also up 60-80% or more.

Sorry, we should've mentioned that to you guys." 

BTW, I could have mentioned earlier, when we refi'd in 2022 the appraiser came in at 1,300,000 and verbally told me that he struggled as he believed the property was likely worth more based on the location, views, income.

The end product will be great, as others have mentioned perhaps in other threads, Delta has not increased any of the cost, so there is still a huge equity upside.

The asking price is under $125k and like mentioned earlier, the renovations would be 50% so there are major repairs (not move-in ready). 

Tim, reading through your post, and you mention being interested in STRs.

I second this - Beth is great and has a group as well where you can learn a ton on private lending.To the poster who mentioned giving them 100% financing - as a private lender NEVER give someone 100% financing.

I wasn’t aware of Ale solutions so thanks for mentioning them.

As mentioned above, MA is much more stringent on STR regulations.

Finding an RE buyer agent to work at an hourly or fixed rate was hard - although contrary to what a few folks mentioned here, those options are listed on the standardized Colorado contract.