I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.

Establish a credit profile, credit score, and opportunity to apply for advanced credit/ OPM "other peoples’ money" to leverage for even more deals"So, really, you're paying $1K more to going Pace's Training because it already includes Prime's Corporate Credit Coaching.

But if you haven't established those relationships yet, good hard money lenders are some of the most honest and reliable capital partners available.Jennie Berger

These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.

Corporate transparency is already regulated at the state level.  

There are occasionally opportunities for grandfathering if there is evidence of legally established conversions that were done previously, but no permit records exist to show it was done. 

If not, consider establishing one for 2025, after learning the rules.

There was a glut in wineries not long back when The Australian dollar was high and people who once couldn't get enough of Australian wine suddenly turned back to relatively cheaper and more fancy sounding French and Italian plonk, combined with the change in regulation in the Chinese wine market that killed it as a business drink.

That project taught him that buyers in these well-established neighborhoods pay close attention to the details..things like making sure the ceiling lines are clean, storage is intuitive, and every inch feels purposeful rather than tacked on.For your project, thinking about the functionality of the added space is key.

Just make sure you account for Denver’s higher property taxes, insurance costs, and the ever changing landlord regulations when running your numbers.Feel free to ask more questions about the area or strategies—I’ve helped clients with similar goals and have personally done house hacks and short-term rentals around Boulder and Denver.