.- Most of the deals that came our way were for 60-70yr old wood frame buildings, that had been owned by their current owner for 25+ yrs, and we felt there was a definite risk that the economic viability of the asset was less than our planned (buy and hold) time horizon, and we were also highly skeptical of the insurability of some of these buildings or that the cost of insurance would not balloon once the ownership transition forced the insurers to reassess the building.Ultimately we pivoted to retail/light commercial mixed use properties.

I think if you can write a solid letter of explanation stating that you are going to commute to Colorado from Washington for 4-5 months out of the year for your job (and why), that should be sufficient enough to run this as a primary residence. 

The letter they sent me said it would take 45 to 60 days to get access, which would have been horrible.As soon as I got access to the account I had a lot of home work to switch over all my accounts from my last bank.  

I’m thinking letters of credit, lines of credit, renovation loans, and so forth.

But when they didn't make up the missing 2 months' rent, I sent them a Certified letter letting them know they were in default, and they needed to pay it by 10/15.

I have used Yellow letter HQ and I have only good words to say about them.

I think there is less compliance issues, with a house the city is always sending you bs letters that you have to comply with. or a pipe bursting or someone falling in the parking. the hoa takes care of all these and takes these risks for you.I get the asteroid thing, just because there are drunk drivers out there you can't sit at home and be afraid to drive, I get all that, but these nasty lawyers will gladly gladly gladly destroy your life over the silliest thing. 

He sent me a letter stating the forfeiture for that reason as well and did not list any damage.

Mailing is easy, and you are leaving people with a postcard or letter they can keep (I have had people call me 9 months after they received a postcard), but it can get expensive.

You can always request Medical Documentation: Request documentation of her medical situation and a letter from her doctor to make sure her condition will improve and ask if she is up for taking care of the property while she is recovering.Check Her References: Contact previous landlords for references to get a sense of her reliability as a tenant.Lease Terms: You can always start with a 6 month or a 1-year lease option if you have a good idea of her overall health condition.