In my experience the cash flow in the summer is strong enough to justify shutting a beach property down for the off-season.

I have the option of pulling out a HELOC from my home in KY that could cover the amount for both HVAC systems. and if i do that i could most likely use the cash flow from when i move out to make the payments on the HELOC.

Raven,Reach out to @Lucia Rushton  I have worked with her on multiple deals to help her buyers and she is an investor friendly agent and understands value and cash flow.

If you can find a great long term rental that still cash flows in CO, then I'd say it's still worth it. 

.)-- Interest Reserve TBD-- 500 Appraisal (est)-- Builders Risk Insurance Policy TBDTotal Cash to close: 29172 + 6 months payments (not in escrow but demonstrated)You will likely need to wait 6 months to refinance.

Purchase price: $235,900 Cash invested: $70,000 Sale price: $399,000 Complete Renovation: deleting walls to open up kitchen into living room, new kitchen, cabinets, appliances, custom doors, floors, trim, paint, new laundry room, new powder room, new master bathroom, custom woodworking, exterior farmhouse paint, all new interior paint, etc.

Purchase price: $529,000 Cash invested: $132,250 3/1 and 1/1 duplex in Miami, FL.

We are looking to invest out of state, and we have small cash to start.

It's a cash business which means no one is screening these folks like they should.

Paid 40k cash  Of you need anything feel free to reach out, All the best