Get a permit too, you'll lose money if you don't....

Key features of Denver’s short-term rental laws, rules, and regulations include:All short-term rentals must have a license.Any short-term rental must be the host’s primary residence.All advertisements must display the host’s business license number.All short-term rental hosts must follow rules related to safety, taxes, zoning, and insurance.Hosts who do not follow the rules could be fined, or could lose their license.It sure seems like you’d be risking your primary home and it’s equity on a speculation play.

BP community,I am not discouraged but also find myself probably in the same situation as many who are starting out and seeking advice to get some traction.I don't have enough cash (yet) to make cash offers, so I keep losing out on the offers I put out. 

You might pay more for a premium buyers broker with extensive knowledge but lose way more 500k or 1 million on your purchase getting a bad analysis from an inexperienced broker or agent.The buyer broker will often ask the listing broker what the 50/50 co-op is on the deal?

Mine are set up through my Attorney since you have to file every few years or lose your entity. 

In those very unlikely cases you’d lose but would win out over the course of the portfolio.  

If he uses his own money and deal completely fails, he loses his own money.3.

Lots of people lose jobs and then get new jobs, and they have savings or other means to get by during the transition. 

Unfortunately, most Sellers don't have a clue, they structure deals that are far more favorable to the Buyer, and they lose money when the potential Buyer walks away (over 80% of the time).If you're a seller, forget it and move on.

You're only guaranteed to lose, if you decide to give up or never start.