I was looking at this more from a liability perspective and what might be the min requirements to stay out of hot water.

Kevin, although his profile says CA, he stated above he actually lives in the area so I think he's got a good handle on it from that perspective.

I think you need to take out the statement "assuming all are equally seasoned and experienced" as I don't believe that is actually possible given their different perspectives, unless you mean each has been in business for a certain amount of time in their own profession.

Ok James (and anyone else new to Denver),Here are some of my perspectives on the Denver REI clubs that I have attended.

Five bedroom barely registers.Plus something unique/value or cool from renter perspective.

@Jacob Allen if you dont mind me asking. whats the amount that you have spent on this property and how much you paid for the property.I am about to make my first flip, so i am just trying to an perspective idea on how much money i should be looking at for rehabbing my first flip.My property is in similar or some what more bad condition. so i am just trying to get an idea.And what are the dimension.Thank you

Awesome perspective.

Shifting the cost of utilities to the tenant when you competition has utilities included may not help you much.If you competition does not include utilities, then raise the rent to compensate.

I'm still going to keep my eyes open in So Cal for the 1% chance that something does come up but I've shifted my attention and research to finding a market that make sense based on crime rates, unemployment rates, job growth, etc.Your rule #7 makes common sense but I hadn't though about incorporating that into my overall strategy.

I am going to take a different perspective for your question...