Hey Ahsan, I'm a local broker and investor.

https://www.biggerpockets.com/forums/55/topics/1188180-local...

Local input and city planning suggest this access has been in use since the highway was built, potentially supporting a claim for a prescriptive easement.While this access previously held little value, recent developments have increased its significance.

Tenants typically pay around 30% of their adjusted income towards rent, with the government covering the rest based on local payment standards.

If I was going to do that I would be more comfortable forming a partnership with someone local with experience.

Looking at local STR listings most are $250-400 a night around castle rock. 

I have convinced a few people locally that we may be able to find some good leads and we are actively in the process of trying to find them. 

Delaware - 8%Assuming there's additional nuance here with states like California and Alaska handling taxation at local levels, but what are you all hearing in your neck of the woods? 

I highly recommend local meetups, as you can meet other investors who have already gone through the wins and losses.

Also it depends on insurance company requirements, even if local code does not require.