@Ryan Riches - If you haven't heard yet, Colorado Springs just passed stricter Short Term Rental regulations as of the end of December 2019 for single family, duplex zoning, or PUD single family (along with a couple other zoning designations).

Another alternative is to reach out to a few realtors in the area for their thoughts, but come prepared with your renovation plans, design ie; level of finishes, appliances, flooring, lighting, etc. to make their life a little easier as well as receiving an accurate value.

---Purchase Info---Price - $45,000Closing Costs - Assuming $2,000 (don't know if this is accurate)Rehab - $30,000All-in - $77,000 (getting a HML), my cash in will be 25% of home purchase and closing - $13,250ARV - $110,000---Refinance---70% of ARV for cashout - 77,000Interest rate - 5.625%Mortgage Payment - $443Property DetailsIncome - $1300 per monthExpensesMortgage - $443Taxes - $300 (approx 3600 annually)Insurance - $70 (not in a flood zone)Property Management - $75 (confirmed value with my PM)Vacancy - $108.33 (1300/12)Maintenance - $130 (10%)CAPEX - $65 (5% - we would be replacing most of the mechanicals, electric, plumbing)Water - $100 (considering billing back to tenant)Cash Flow - $18.98per month...ew. (1.72% COCR).

Thank you for replies.I don’t know the costs there but it will greatly depend on the site, type of construction and the design of the building.

Landlord usually has to use a personal name as the designated signer or officer of the LLC, trust etc. but your broker should be the authority on this for your state. 

Send me a message and I will connect you with an architect I know who specialized in lean and green design. 

Bitter relations between tenants and landlords, with an arms race between ever-more ingenious strategies to force tenants out -- what yesterday's article oddly described as ''free-market horror stories'' -- and constantly proliferating regulations designed to block those strategies?

After several months of learning the mechanics I syndicated a 60-unit with a general partner who has been sort of a mentor of mine for many years. 

When that happens, the real estate agent can win a client for life. 1.Seller ContributionsOften misnamed "seller concessions" seller contributions are really a range of incentives or other financial offerings designed to make the deal more attractive and doable for a buyer.Seller contributions that make a deal more attractive must address market conditions while also meeting lenders' requirements and disclosure requirements.Opportunities"Closing cost credit reduces the cash the buyer must contribute at closing without lowering the sales price.

It looks like it had some mechanical updates but how are the kitchen and bath finishes?