This can help you put more down or have more capital after purchase to renovate and increase equity.

Since many buyers struggle with paying the down payment (in Denver, $1M is no longer luxury) I wonder if they'll have an extra $24K'ish to pay their buyer's agent -- I'm guessing they will want to roll it into the purchase price?

It is definitely possible to self manage as others have pointed out, but you need to assess your personal situation and determine what is realistic for you.

If the land value is X higher then my purchase price I wouldn't worry. 

You find out what the existing purchase was and multiply by 25% (has to be over $144K)Example: Home bought 2 years ago for $325KEntitlement used/ Entitlement Gurantee = $325K * 25% = $812502.

I'd be open to something like that.Thanks,ChrisCorrect, there are a bunch of Condos available to rent that's one of my points about saturation and competition driving prices down.I don't buy houses in HOA neighborhoods either.My next STR purchase will likely be a beach house directly on the beach or at least across the street with beach views. 

Hello All,I am currently purchasing a 2nd mixed use property in the same market. 

Why do you think purchase contracts are so long and have such small print?

I wouldn't purchase anything that is not break even on market rate to start.

Some options I've considered: - Forward 1031:  Seems to have timing issues (unless my purchase offer has a contingency, which will most likely make my offer pointless in my market).- A reverse 1031: Complex, and possible financing issues for the initial purchase before selling.