Everyone here needs to understand that when a landlord refuses to keep their property repaired and is in violation of Local County Codes, it makes it tempting to find good rental property to move to, AND to report the property to Code Enforcement, which now I am planning on doing.

I recommend googling "(City name) comprehensive plan" every city has a city plan that shows where their major commercial projects are heading. 

Speaking for myself I’m just planning to have to live there for more than 1 year and make sure there is room to raise rents, for example spending a few thousand to bring a washer dryer connection to the complex if it doesn’t have one could be a great cash on cash return if you can raise rents maybe $50/unit on the next turn. 

It's all about the plan document, and we use a custom plan document. 

You should not have to go to extremes for hiring an attorney, but you can always consult your Evictions attorney in writing for input on the steps you plan to take-

Just closed on my first property in Denver and am planning on Managing this myself. 

I'm not sure if you're planning to buy and hold or fix and flip.

You might start by asking them what their plans are for selling the house.

I agree though... you either roll up your sleeves and make some sacrifices if you plan to DIY or you hire out the hard work and are happy to pay for the privilege. 

@Caley Crossman Several of my clients have successfully used a Self-Directed Plan (RRSP, TFSA, etc.) to hold a mortgage against their own personal residential property.