Carolyn was asking for an expert advice which I believe the very least is a MFR investor which invest in a healthy cash flowing market.

The souther area will have less (as the county tries to maintain a healthy housing stock for workers who might commute from just outside of Boulder proper into the city.)-- They also did away with one of the "types" of licenses.

Most important these days is the DSCR and how to increase it during that first year to maintain a healthy CoC.

There should be nobody outside the system, regardless of how they got on US soil.

If I am reading this correctly, your recommendation is to get the soils report and speak with a structural engineer to estimate a grading, retaining, and foundation cost.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.Happy to share my experiences.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

In the 1980s there were lots of lawsuits in the area against builders - soil was peat and lots of foundations issues. 

Do you know what kind of soil you have there (meaning will this happen again or is it one and done)?

My measly 40k won't even cover the permits and soils reports on a new construction project here.