Here are a few additional factors to consider:Investment Strategy: If your primary goal is cash flow and living for free while house hacking, Philadelphia might be the better option due to its affordability and potential for positive cash flow.

Additionally, they decided to take a vacation at a critical juncture - the week of closing, without notice or planning - rendering them unreachable and leaving me in a difficult position.This experience has led me to question whether I need to stick with an attorney in the state where I'm purchasing property.

You would have to pay for the consultation, there are no free consultations for this sort of matter.You may also provide additional details here to receive free advice. 

We acquire additional liability insurance and third property manager where we have an attorney review the indemnification clause.

@Daniel Schlittler   If you start one, let me know and I'll add it to the list.

In addition, what lenders have been best to work with from your experience?

I live in Littleton and I'm planning on buying in the west Denver metro and I'm familiar with the area, but additional data points are always helpful.

I'll DM you if I come up with any additional questions.Thank you Rachel

You can grow your portfolio here in addition to making your first investment.

You will need to supply 2-3 quotes from different General Contractor's or licensed builder for all work.Some things that can occur are builder/vendor issues with lack of inventory, broken material, employee "no shows", date of completed work extensions, bad work, additional costs not factored on blue prints or cost analysis, delayed permits.Keep in mind any delays or issues will slow down your clear to close/funding date.