Agreeing to disagree is still allowed :)

Unfortunately, HOA stopped new owners from renting due to a flaw in the bylaws that allowed so many renters than owner-occupied. 

This could be a home with a floorplan that allows you to rent a room, a guest suite, storage area in the backyard, etc.

@Jay LamGet a new attorneyOf course a LLC needs an operating agreementEven if it’s one person you need an operating agreementIf you go to sell a property in a LLC the title company will need that operating agreement to confirm you are allowed to sign

Can you check with the city and see how many units you are allowed to have?

Will they allow a commercial or non-confirming use?

The interest only payments and rehab funds would allow you to convert the property as desired.

The fees are all flat and range from $20 to $50 per violation.Rent Late Fee ($50), NSF Funds Fee ($20), Guest Fee - for guests staying more than 14 days ($5 per day), Unauthorized Occupant Fee ($50), Unauthorized Pet Fee ($50), Smoking Penalty Fee ($50), Smoke Detector or CO Detector Tamper Fee (Up to $200) [we charge $50 first time, $100 second time, $200 third time- this is allowed by our state law], Posting Fee - for posting legal notices regarding lease violations ($20).

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

House-hacking of some kind in Denver will allow you to buy with less down and get most of your payment covered by others, allowing you to save for the next.