Account Closed  $31 for lawn/snow would be for year round.

Over 2.5 years...Renting: $1500/mo rent = $45kBuying: $62k (see below)Purchase-$3k cash, $250k mortgage (probably will incur additional origination fee on a 0 down loan that will increase principal, but let’s be optimistic)Holding costs-$45k (mortgage payments, let’s round up to $14k of it to equity)Sell for $240k to pay back remaining $236k mortgage, $14k commission, $3k closing cost - you owe $13k when you sell Total = $62k ($13k selling costs + $3k purchase closing cost + $45k mortgage payments)

Other common features like free listings on 16 websites, free tenant screening, financial tracking, handling maintenance tickets are all covered.

Most of the big ticket items seem to be in good shape (of course an inspection will be done prior to closing) except for the 4 furnaces which are dated but in working order.

If they are okay with the temporary garbage bag then you probably can get away with it until you decide to patch it up for good.

That seems outrageous5) I don't know that market, but I would imagine Aspen doesn't have much demand for year round rentals, is 5% vacancy a reasonable number?

We just round up to $200/mo for even figures and it's been unbelievably accurate. 

I'm a builder and the roof looks like it's got 7 years left, don't know whats behind the walls. but seems too good to be true, obviously need to get an inspection on the other big ticket items, but one side renting at 1400 pays the mortgage.any advice on whether this looks too good to be true, based on my numbers the ROI is going to be 16% once updates are done and rented.   

CONS: PMI forever (yes I know refi is possible to get away from PMI), tougher closing process (to my knowledge), 203K renovation loan is ruled out, none of 4 lenders seem to work well with the program, only local lender that seemed excited about it approved me for way less than required. 

I relocated from Chicago about 6 years ago and I’ve been loving the warm weather year round.