There is a ton of new/newer construction around there that has come online the last 2 years in the medical district and most of those buildings have had real challenges.

-Recommendations for Denver real estate lawyers?

In situations where the gas is separately metered I also recommend including language in the lease requiring tenants to provide a copy of their gas bill ever 3 months.  

Does anyone have any recommendations on who to contact for collections?  

Hi Sean,Both fix-and-flip and buy-and-hold strategies have their merits, and choosing between them often depends on your goals, risk tolerance, and market conditions.Fix-and-flip can provide quicker returns, but it's highly market-dependent and comes with risks like unexpected renovation costs and market fluctuations.

Rates currently range from the high 4.00% - mid 5.00%'s depending on the asset / borrower / location. 

There is an alcoholic exclusion in most, if not all STR insurance policies, so no I would not recommend it.

Hey @Devin Bost, I would highly recommend a few things to help with this. 1) Have systems and processes lined out for any emergency you can think of.2) A spreadsheet of subcontractors/ vendors that could handle the situation that arises (plumbing leak, electric out somewhere, etc.)3) Your cleaning team and handy person should be utilized for some things.4) Something like Breezeway can give you 24/7 support around your property with a dedicated phone number line.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

STR rates can go as high as 30% of the booking.