The broker may not want you to do that or may have other restrictions. 

So in house loans would give me less restrictions for me to be a little more creative.

Curious about potential STR restrictions.

First step is to check with the city or county to find out what the zoning is and the allowable uses are and what is required for development in terms of lot coverage, setbacks, height restrictions, utilities, access easement, parking,  etc.

With the Political outlook in Denver/Littleton, I would look to other markets that would net more profit with less risk of changing restrictions.  

It is a great drive and we have driven it a bunch of times.I just wish there were less restrictions on STRs in so many areas.

Didn’t Lee Andrews explain state licensing restrictions to you and the value if his certificate?

I had also seen a year or so ago that the community wanted to put more restrictions and require a local contact, and limit on number of permits , but haven't seen anything more stringent since that proposal failed.If you can share your experience, I'd greatly appreciate it!

Downside is bad tenants, depreciating trailer if you don’t own the land, and restrictions if the park if the owned by someone else.

The right title agent/company is absolutely essential to the double closing process.You do want to be aware that some Fannie Mae REO's have deed restrictions to how long you have to hold the property to sell it over a certain amount.In my area, they put in a deed restriction that you can't resell within 90 days for more than 25% over the purchase price.