Unless vrbo gets better at it we will see continued issues. 

It is a very light cosmetic rehab, Just enough to get better rent rate.

There's no better investment than investing in yourself.

Whether that will be cashing out of the Colorado market at that point and re investing in a better cash flow market or maybe we will be able to make it in Colorado.

Most of the time, you are better off selling the home and getting the proceeds tax free and using that to buy a rental.

Look into the Dallas-Fort Worth area and start putting money aside, work on making your credit better, and get your finances in shape for more real estate deals in the future.Good luck!

You’ll be lucky if this situation doesn’t get worse before it gets better. 

The first step is speaking with a loan office to get a better idea of what you qualify for, and then start figuring out where you want to live and analyzing deals.

Then you've opened Pandoras Box and you instantly have the guys in the HazMat suits with fans and plastic sheets all over.....and a bill for $5000 for something you could have done for $50.I used to do this kind of work on the weekends when the city inspectors weren't driving around :-) haha , one time the hazmat guy come down to check for asbestos checking ; it wasn't that bad it's actually 2k and insurance company for that in my case.( To be honest, the house with water damage is good to buy because it scares the potential buyer, but if it's located in good location we could sometimes purchase the house with 10-30% discount lol but nowadays even FTHB knows this secret too so they still overbid the house )but yeah, to the OP, if you want to be sure you have to cut the drywall, the more the better.

Sometimes, cheaper isn't better.