Colorado Senate Bill 21-173 was a quasi omnibus renters rights bill that limited the amount of late fees to $50 or 5% of monthly rent, whichever is greater, late fee cannot be charged until 8th calendar day of month (must give 7 calendar days to pay rent), cannot be deemed as additional rent for next monthly rent payment, cannot be deducted from rent payments, cannot be charged interest on and cannot be used as a reason to evict a tenant.This leaves landlords three options, issue an invoice to demand payment, if issued invoice is not paid then bring tenant to small claims court to collect OR deduct all legitimate late fees at end of lease period from the deposit. 

My brother and I run a legitimate company  that has nothing to do with our biological father.

That includes actually traveling there at some point to show you have a legitimate business interest in the state.

My question is, should I put in the “overpay” offer for this triplex knowing that they are extremely hard to come by and I won’t be legitimately cash flowing for at least a year maybe 2.

I would like to work with the building inspectors to legitimize the work, so that the city can reflect the additional bathroom and bedroom (converted attic) on their records.  

If you're worried about coming across a legitimate to family/friends/etc., having a lawyer provide proper documentation is huge.

As a born and raised Detroiter, it kills me to have to constantly defend the current Detroit as not being the same Detroit as it was a decade ago.Detroit has had to climb over all the previous years, Mayors, City Councils, etc...that have legitimately placed negativity (at the time) on Detroit. 

Also the meetups are a great venue to connect with the local investors.  

There may be an exception available if you have a legitimate unforeseen reason to move out.Read this: https://www.nolo.com/legal-encyclopedia/the-partial-home-sale-tax-exclusion-irs-approved-unforeseen-circumstances.html

I have a full time job and am working on building my REI business albeit I have not done any deals or made any money yet, I believed the training material and other expenses directly related to my part time REI business were legitimate tax deductions.