Hi Josh, In this market, 80% cashout is possible, but lenders that offer it will charge a premium on the rate.

The purchase doesn't make sense from you posted because it's being marketed as a done unit with lodge vibes.

What's the best exit strategy in Colorado market?

Whether it’s understanding the local market, finding the right deals, or building a strong network, I’m all ears!

They must give me 30 days notice, pay rent through the day of termination, pay me one month termination fee, and allow me to market/show the home during their final 30 days.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

In my market the jump from a 2 to 3 is a big one, 3 to 4 not so much.

Obviously, in the current market, I understand that cash flow can be very difficult. 

With the new commission laws in place, some buyers going directly to the listing agent in lieu of having their own buyers agent because they’ve heard that they will need to pay their agent directly out of pocket and they just don’t have the extra funds, with high interest rates and home prices in todays market.