They moved in and within 24 hours sent the following letter (names have been changed): "Hi Dawn and Brian,Sindy and I are frustrated, disappointed, and really struggling with the idea of moving forward with the move into your home.We realize this is the first time you have rented a property to someone, and may not be aware of the responsibilities that landlords have, and want to inform you that there are habitability issues with the home that are quite literally against the law, pursuant to Colorado’s Warranty of Habitability Law, CRS §§ 38-12-501 et seq.

I would believe so, but it is always good to check the local laws.

There is an implied covenant of "quiet enjoyment" by law that can be enforced.

Thank you for coming back and clarifying it, the minor difference does make a difference to me in practice.   

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Theyre currently busy with over-regulating RE investors at the moment with vague wholesaling laws, so we'll see.

I agree 15 years is not a long time but what is occurring is jurisdictions then pass laws to protect the low cost housing.  

Don't start throwing ideas at them like seller financing or numbers etc until you have an idea of if they actually intend to sell and what their needs are around the sale.This is very practical advice and I agree with the sentiment about not going into a conversation presuming anything about where their headspace is at.

I am assuming this is in TEXAS (I am editing this as I thought I was in the Austin Fourm, I understand now that you might not be in Texas)  as each state has their own set of laws that property managers must follow.  

* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?