Also, do you mind sharing the bullets of your pitch to the seller on financing?

I have been pitched several MLM, got involved with one and it was a bad experience.  

No selling, no sales pitches.

The added protect of a LLC is minimal while th edifficult of doing business with a LLC is increased and more costly.

maximize your cashflow, minimize your expenses.

I understand that it is a gamble and that if I use all  the right tools and do my homework, I will minimize my risk and will be successful.

But if your main goal is to make money while minimizing headache, then the returns of this are marginal at best, as @Julie McCoyand @Ethan Cooke mentioned.If you had a two bedroom house, maybe you could do it so that you help out your friend and you can always get a room filled in Denver metro on Airbnb.

I have been toying a lot lately with the idea of purchasing a house in Denver and airbnb’ing half to either offset my mortgage or at the very least reduce my cost of living.I stumbled across Loftium, which is essentially a company that pitches reduced rent in great areas, but as the tenant, you are responsible for managing an on-site Airbnb.

Its all about how you pitch it to them!

Municipalities are required to respond to public record requests and fees are usually very minimal.