Follow the letter of the tax law and don’t leave anything on the table is where you want to be…. ie keep more of your hard earned money.  

The rest of your questions depend on what part of Colorado you are interested in - are you thinking the Denver area, or somewhere in the mountains?

It’s a small mountain town and she has done a similar deal in this same area.

I'd suggest attending local REIA meetings, and keeping an eye out for folks who can teach you (while also being very thoughtful of how you will bring value to them--because a decent mentor will only continue to mentor you if you're bringing something to the table!).

Then in Huntsville we have seen the potential on the east side near the mountain.

I lose all my equity but still have a 160K loan on the table.

I attached a table I have made with my current assumptions.

He arrived at the escrow office to close and tried to negotiate loan terms with the lender at the closing table and walked out of his closing appointment, Paul scheduled another appointment to close with escrow and never showed up.

We manage 30+ MTR and STR in the Lake Norman, Charlotte, and Blue Ridge Mountains of NC. 

This was the criteria I used (it's heavily based on the Best Ever Syndication Apartment book written by Joe Fairless):Criteria UnemploymentGet this information from Census.gov under the “Selected Economic Characteristics” data tableCalculate the unemployment change over a five-year period using the unemployment percentage for the city for the last five yearsIdeally, you want one that is decreasingA low, stagnant rate is acceptableA high and/or low increasing rate is unfavorablePopulationBoth the city and MSA population data can be found on Census.gov The city data will be under the “Annual Population Estimates” data tableThe MSA data is located in the “Annual Estimate of the Resident Population” data tableCalculate the population change for both the target market city and the metropolitan statistical area (MSA) using the population data for the last five years for the marketAn increasing population is idealA stagnant or decreasing trend is unfavorable, Especially if apartment supply is on the rise Population AgeFind this data on the Census.gov website under the “Demographic Characteristics” table.