If you’re in that cash position I mentioned above, then we might be a good fit to get on a call so I can show our process which is complete: 1) finding and buying the right property 2) creating a top product from that purchase with a world-class designer on my team 3) co-hosting/managing that property at a discount for clients to ensure you get more money and have a product that lasts.you can also follow me on IG @tampa.rei , I’m actually about to post a walkthrough of a property that was being managed by one of the most popular PMs in the country and in just 1 yr you’ll laugh to see what state the property is in from poor management!

What I've seen work best is commercial, STR, MTR and co-living. 

Also definitely do a good amount of research about rental laws in Colorado and make sure whatever lease you get a hold of is up to date with those laws.

As a custom builder for decades, I dealt with this way more than once, especially with new subs that had not worked for me before.Back in the old days we used to just go with a verbal ok, but in the last 20 years or so, it is imperative to have a written CO (even an email sent from the jobsite) from the Sub and then I would add 20-25% and submit a CO of my own to the customer.

Any feedback is appreciated.Lynn from STN MTN, dekalb co GA

We are renting all 3 units currently, while living in another home that we co-own with a friend.

At a 500-700k budget, I'd look at a 2-4 unit property in places like East Nashville, Colorado Springs, Raleigh-Durham, Richmond, VA, maybe Salt Lake City (though that budget might not cut it there).

However, the one constant in these emails is a request for the broker fee co-op and determining the offered co-op fee seems to be the motivation behind these emails.

WE wont put it on the market until its about 30 days out from CO. the other market were we are active Loudoun County VA We have 3 subidivisions going in the platting stages from 35 lots to 250 lots.. all of them have contracts on them from National builders the 35 lot is Toll  the bigger ones are Lennar..

That exceeds the 5 percent max allowed by Fannie Mae, at least in Colorado.