Fast forward, my brother and I co-founded a property management company in Boston, where we handle everything from tenants to transformations.

We see a lot of our clients in Denver and Colorado Springs have success with either rent-by-the-room or some sort of basement apartment/ADU setup.

I own BRRRR properties in Colorado, but now looking to invest in Portugal, and run a group for mostly British & American Expats in Coimbra - some of which would be interested in Golden Visa investments.

You can get similar returns with co-living (padsplit ect), but that will likely not be a long term solution for you since you have not enjoyed being a landlord. 

But as soon as you make a direct booking site and start an escrow account (among other things) you then cross that legal boundary between a co-host and a property manager needing a broker license (depending on your state).We CO-HOST for others and remain separated from those legal parameters that would consider us a property manager.

To me, PML is a friend of a friend or an Uncle or a co-worker's father. 

I'm a realtor from Colorado who wholesales STRs nationwide to help investors get big tax deductions.

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

Hi Chad, @Denver McClure and I are working with a client on a 1035 scenario right now and it is an easy process.

@Maynhia Stott the only portion of tax liens sold over the counter in Colorado are the ones not sold at auction.