This is not a good question for the nationwide audience to try to answer - you need to get an estimate from a Colorado contractor or active experienced rehabber based on your plan.

Coverage at RC (Replacement Cost---gives you the ability to recoup the initial depreciation that is levied against the settlement by simply completing the repairs) that waives any co-insurance requirement may be the best of both/all options, too.

The only test we have been subjected to is the buyers attorney & the Title Co perusing all the LLC documents if & when the Title of the property being sold is held in the LLC.

Co-mingling funds is one example that can get you in trouble and is probably the most frequently violated by people.As far as trademarking, etc.

I also have property in CO and OK.

(I have booties that the electric co uses to cut the electric, so when I have done it, the meter is still there and they think the electric company cut them off.).

Jerry, you mean CO?

However, co-workers and former clients could definitely be a possibility.

There are people here on this board that know what is illegal or possibly illegal.If you are in PA, it is really important to have a lawyer represent your REI Co that knows Landlord Tenant Law and what the local Judges might rule in a Lease Option Agreement.I have doing lease options for 30 years.

Is it likely I could find a mentor out in Colorado to take me on as their project child?