They like the idea of owning this property as a rental and then eventually having it for a family member to retire in since it is one story and in eye shot of their current home. 

If not, I would join one asap.

Finding a solid property management team is crucial, especially when managing from out of state.Having everything you need under one roof can really make a difference.

Great area, good school district and I have another house 2 minutes away from this one.

My biggest tip would be to attend in-person meetups; we actually have one coming up this Saturday if you are free: https://www.biggerpockets.com/forums/521/topics/1209859-lear...There is something about meeting like-minded people in person that really seems to create a positive energy. 

Littleton is one of the few cities that don't have any restrictions and have told me they don't plan to enact any. 

Any insights you could share on this would be greatly appreciated. all markets are unique.. we have one in Vegas FMR is 2200 or so.. furnished we get 3900 . minus utls. 

They clearly didn't even read what you wrote, it seems no one did.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

It's always the new ones that shop you to death and are asking for unrealistic terms.