If you're looking at just a pure financial perspective with little/no room for personal comforts, the absolute best thing you can do is live in one of those tiny homes or something like that.

Echoing what most said here but I purely would analyze the numbers. 

This way buyers can then shop buyer agents and the commission should be negotiated purely between buyers and buyer's agents which would result in zero possible collusion. 

The fact that Denver makes it vague and unclear so they can use it against us, is absolutely pure BS.

Regarding limitation of taxes upon selling, you'll need to make your expenses high (at least on paper), but if your plan is to purely sell it and cash out, then you're going to end up paying capital gains taxes.

Cost is always a consideration, but since this isn't a pure investment, not looking at it as cash return, cost, value of improvements, etc. 

You could use that equity to buy way more proprety that spit out cash flow as opposed to a single family which is purely an equity play. 

Couldn't have said it better myself mateThe pure fact that the poster is going out of their way to post about us is proof that we made the right decision.We "dodged a bullet" per se.I "touch" every investor inquiry because we keep our operation boutique and exclusive.7+ years later and 3,000+ investor calls, plus a thorough pre-screening process enables us to quickly make a decision if we are going to be a good fit.I have a detailed log in the CRM of basic questions asked that I won't reveal because I don't like dirty laundry being exposed.Plus my undies are Extra Large so I don't want anyone getting a complex heheheWe can sell houses to everyone until the cows come home but that's not the way we view our operation...It's not just about us but also making sure that we can deliver on the investors expectations.Do we sometimes make mistakes and turn down a potentially good fit?

If purely financial in nature.    

While meals directly related to your real estate investment activities may be deductible, meals that are purely personal in nature are not.