Normally, I'd respond that yes, the Denver and Colorado Springs (and Colorado as a whole) markets are hot but that they're going to continue to be scorching hot for awhile.

Normally the terms of the lease continue aside from rent increases. 

Or maybe they are simply removed as a lead, left on "the list" getting normal monthly newsletters, communications, etc.As long as their is a method to the madness, this is progress in my opinion.

Normally, you need experience, capital and time to make an investment work(this can come from different people).Are you the group member with experience, capital or time?

The first building had always been fully rented except for normal turnover and time to turn the units but still no money being distributed.

I’ve been using a normal accountant for several years but I don’t think he’s properly crediting for depreciation, and I know my wife and I are close to qualifying for real estate professional and the subsequent active income write offs…my accountant won’t even look at it.

Normally you'd keep the rent for the portion of the time that they have the tenant's belongings in the unit and until keys are turned over. 

Dependable and price less than the normal PM folks.

Ask for whatever documentation you normally would.

In any “normal” market, I’d just put 0-3% down owner-occupied, pay for the reno, and call it a day.I’ll be speaking to banks/credit unions as well but what do you see as my options to refinance (or finance) after reno to pull my money out as soon as possible?