$900 seems to be the sweet spot right now and most of those cost 45-55K including fix-up.With all that said, I'm positive I spend money on the properties in ways that most landlords at these price points do not. 

You’re spot on about both FHA 203k and Fannie Mae HomeStyle loans being great tools for renovation projects.

If it were me, I would try to find out who is further down the list and see if I could buy their spot from them.

And being near garden of the gods that I a great spot for an STR.

I believe Travis' ranking is spot on and how I would rank them.

.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

Gorgeous home that is doing well as an airbnb.

And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.

Overall, it’s an excellent solution for smaller portfolios because you can easily spot any discrepancies.

I have the second address and spot meter report completed and having plans drawn up.