I realize that the demand for rentals is way greater in Colorado than back home.

Additionally I will take responsibility to secure long term financing on the property (with all of the investors guaranteeing the property) and then using the cash outs to keep acquiring more properties.I realize that all of the investors eventually want to get paid back which can be resolved through an eventual liquidating of the portfolio or refinancing the deal to pay off investors.Do any of you have experience doing this?

People often don't realize that this information is required to be reported to the IRS. 

I realize this is an appreciation property not a high ROI property.  

What some don't realize is that a previous cash-out refinance on a home often changes their loan type to a Texas Sec. 50(a)(6) loan - or"A6" loan - making it impossible to get a HELOC while the A6 mortgage is in place.

I realize that the value of the property probably only meaningfully changes in a tangible way when its appraised.

If it's accurate, timely, and you agreed to the original payment, then of course they would not remove it, even if you did send a letter.Also, realize that even once the collection is paid, it still impacts your credit somewhat because it wasn't paid as originally agreed. 

It should be noted that if you don't have realized cap gains, there is no deferral / tax benefit. 

I never realized two different appraisers could be that far off!

I realize you're doing a pretty big renovation, but over time stuff breaks.