A "how to" would be a challenging project.

On more than one occasion I was directly challenged about this.

so then, I should assume that I not only am dealing with the intrinsic challenges of find and working a "real" deal, I also then am to expect even less pay-off because I have to find someone that has the credit, in turn expecting a return (which further eats up my return)??

Searching for small problems are fine for me, but one challenge is checking for serious "oh goodness, why didn't I see that?"

I don't know the market that well in Colorado Springs, but I suspect its challenging to get a truly good deal, just like here in Denver.

I think my main challenge is to find contractors that can help for such rentals.

It is a unique situation since I am renting out by the room.

In the recent years of his greatest success he's also had to look death in the face on a daily basis, giving him a unique insight.

So I have a unique opportunity that I would like to turn into a business.

The IRS is even challenging time spent searching for properties; stating it is their position this is "passive" and does not count toward the 500hrs.