We'll need to re-do the walls surrounding the current tub & I was hoping that these all in one's will help us save time & money.

I would recommend you find an attorney that truly understands the tax sale process and laws surrounding them and can do quiet title work if/when needed. 

The spacious front and backyard are surrounded by a peaceful forest, offering ultimate privacy.

I would strongly suggest you expand your search to the surrounding markets.

Whether browsing areas or specific properties, touching, tasting and feeling the property and it's surroundings are essential data points.

The surrounding homes are maybe $1800/mo.

Surrounded by deals, build up your arsenal so you not only have the knowledge to take action, but the resources both from a capital and a human power standpoint to capitalize on the situation.

It should be said that despite all the resistance and discourse surrounding STR's (which we won't get into here) it's important to remember that this is still a relatively new area for real estate.

It's also great to surround yourself with like minded people to keep you on the correct path.

I bet there is a lot of call for nice student housing in the area surrounding CU Boulder.