As much as I can I try to keep my clients out of serious foundation repair as it is typically not a one time repair, but an ongoing issue over time. 

Hi Krista, Yes you need a broker's license to legally manage property that you do not own in CO.

We currently use Hospitable for 12 properties, and it's working fine, no major issues, and I know they've been expanding with new features.

Amongst other issues selling will cost you at least 6%.

We don't allow advertising or deal making in our Private Message System, so that could be the issue. 

The main issue I have is contemplating the baloon payment at the end of the 2nd year and refinancing the remainder with a bank...how can I compute that into calculating the IRR?

Hi @Heather Bailey something to consider with this is legal mother/daughter may not mean legal duplex. 

This second defeat at the ballot seemingly left WIP with few options, and it was looking like they way overpaid for this land that in it's current legal state could only be used as a golf course or park. 

In Illinois, when an agent does that, there are functions normally expected of the realtor that they are legally prohibited from doing.

Tenant issues are more likely to arise and then you have the owner....many aren't qualified expertise wise or financially to weather the storm.