Quote from @Jim K.: @Marcus AuerbachThe thing I always think about when I look at the homes along the golf courses is how much I really don't want to know what goes on in them.I love strolling around barefoot in my backyard early morning with a cup of coffee before the sun burns off the dew.

HI Kathryn,If you are doing this owner-occupied, you could look into a 203(k) financing.

For a project over $35K, you can look at the FHA 203(k) which does not have a renovation budget limit, but up to 110% of the value,  or the HomeStyle Renovation loan for investors/Primary Residences which is a max budget of 50% of the After Repairs Value. 

if so, is it recommend for me to get a different loan that will cover the remodeling or should I pay that out of pocket, or should I seek for a FHA 203(k) loan?

Quote from @Mak K.: Do you have updates...

Quote from @Steve K.: Whether real or perceived, we’re seeing the effect of climate change in these markets already.

Quote from @Steve K.: Just had a vacancy near Wash Park where the previous renters had been there for a few years and were paying $2,200.

@Yashar Fred most of the items a housing authority identifies as deficient should be remediated anyway.  

The occupied units were rented for $1k/each and bought at a purchase price of $62 K/ each.

This is specifically what the Colorado nonresident statement is addressing.Colorado is one of the few states which explicitly mention this in their instructions.When you receive a state K-1 which reports positive income for a state, this doesn't take into account prior passive losses as it is up to the taxpayer to allocate income/loss to the specific state on the state tax return.