Quote from @Bruce Woodruff: Wait....that wasn't actually her that you spoke with was it?

I actually do not know any PM companies that I believe are reputable in Hartford.You can DM me with town information and I'd be happy to talk about management or tell you other PM companies in the area that I believe are reputable.

Really looking to understand our options for financing etc.

You can actually still find deals where I live in the (very) low 5 figures, and in some cases, still in the mid 4 figures.

But if you did the property up right with killer design and great amenities -- I'm picturing cool wallpaper, a game room, boho/modern furniture and a hot tub -- I can see a place here doing well as an affordable Airbnb/STR option just 10 minutes to downtown Denver.

I probably wouldnt trust it 100% with that though unless I input all of the data that I have from my analysis in terms of ARV, rental rates, rehab rates, etc. now that I type it out, that actually would be a good idea aha. 

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.

Rent by room is an option that many people do here but even then it's not easy, and several randoms living under the same roof calls for its own problems and likely a lot more turnovers, so I'll see.

Talk to the seller, but options are to cancel the sale (and risk losing your deposit), renegotiate to lower the price to allow you to fix the problems or ask them to fix it. 

In Launch Control, we're not required to put the opt-out msg (not is Smarter Contact, it's an option).