@Christian Gibbs a lot depends on what the attendence at town council is about, are they specifically representing you and your property to town boards?

In our town, we have the land and plan to build a 350 unit location about 2 miles north of this location.

The property is off a "main road" that goes through town and it is not a city owned street. 

I believe there are license allotments in many towns near and around Denver so you want to make sure there is a license available for the basement unit before you factor this into your cashflow plan.

There certain areas in town that you can have that return but you have to buy really deep and not been afraid of rehabs

We do have a large Rodeo stadium and I'm sure that agriculture and real estate are large industries here too.

I avoid tiny towns unless cap rate is very high like 16 to 18.

I paid him 15k AFTER paying another architect , just because the town insisted I hire him.

there is  a reason this paper trades as such a low value.at least when you invest say with a HML right there in Denver your assets your loaning against are rock solid.. not some defunct little house in some little OHIO town that died 30 years ago and is never coming back.. 

We look forward to the opportunity to connect while we are in town!