I was planning on building a fourth next, but then I started to dream bigger.I'm very familiar with the submarket I work in, and I know that we have a large population (next to a large military installation), with a very limited number of services. 

The unscrupulous investor will:Have the homeowner sign a Quit Claim Deed in which the homeowner signs over their ownership in the property.Fail to explain to the homeowner that they, the homeowner, are still responsible for the mortgage.Fail to warn the homeowner that they could be violating their “due on sale clause” with their lender.The homeowner is usually elderly or part of an at-risk population (English isn’t their first language, disability of some kind, etc.).The Division advises the following when it comes to these types of rescue transactions:Don’t sign any documents or a deed to anyone until you have had a chance to talk with your lender and an attorney about your mortgage obligations and your legal rights.Colorado has a Foreclosure Protection Act that affords you certain rights when you are financially distressed.It’s best to take proactive steps when you first start having financial problems, and here are some resources that you can contact:Colorado Housing Connects – Colorado Foreclosure Hotline – Colorado Bar Association “Find-a-Lawyer” – Colorado Legal Services – Disability Law Colorado (Formerly The Legal Center for People with Disabilities and Older People) – 

For a town of less than 7K, you better investigate thoroughly since the census shows a 10% decline in population between 2000 and 2010.

Legit PM company, job growth good, population growth good, etc.?

All his homes were in areas chiefly populated by Latinos, many of which may have been here illegally and many of which only had a very rudimentary command of the English language.  

You look at comps, inventory levels, development pipeline, vacancy rates,   market rents, job and i coney growth, economic growth, population base and growth.

That and what you guys tend to use as general indicators, I've been looking primarily at population & job growth, along with unemployment to lead me to several markets. 

I have relied on craigslist and zillow in Clarence and usually fill a vacancy within a month, and Clarence is not very populated.

Here we don't have too many 'high crime areas' or large populations of unemployed individuals.

Although projections have population trending north towards Ft Collins/Cheyanne, Even Pueblo May see some population growth over the next twenty years.