SharonThe list is not for motivated sellers but for those with capital to invest, thus a way to find private investors.I just recently received an email blast for such a service (yet again) and one of my biggest concerns with it are the fact that this very same list is likely sold hundreds, if not thousands of times over again to others, thus creating quite the competition of direct marketing to the same people by a number of marketers for money.Secondly, without a prior relationship, you better be damn careful what you say in your letter to these people as to not violate SEC rules.

Property management and repairs will be the biggest challenge with being out of state, which is why I don't do it.

This was the biggest project we have taken to date.

Biggest piece of advice I can give(credit to Rob on the podcast) is buy nice, not thrice. 

Depending on the age, newness, and amenities (indoor pool being the biggest driver of income of any available amenity), a 4 bed can do anywhere from 75k-120k gross.

The biggest hotel has 70 rooms and the rest are small boutique hotels.  

Where are the biggest source of investors?

This is the biggest part of the portfolio , the properties have started paying off.  

That could be the biggest driver of what and where you can buy in Denver. 

House hacking isn't for everyone, but for people that already have roommates, live in apartments, etc, it won't the biggest change.