Place looks great and well appointed, although I would add some pops of color here and there.

Well,1.

Yes, it's a benefit for me as well, but it's an opportunity for them to put lazy cash to work.

To make an informed real estate investment selection, think about initial investment, management ease, marketability, and selling value.

Is there anyone well versed in Colorado law that can answer a few questions before I consult with a lawyer?

I am looking at more LTR of SF, MF or commercial properties in markets that cash flow well.

Ideally, I would like to buy in the Catskills since it’s close by, a popular year round destination from the city and has a history of vacation rentals but I know there’s more and more talks of regulations so I am open to other areas and would love to hear your thoughts/experience on the area.Would love to connect with anyone who has interest in the area and the short term world as well as agents familiar with STR who could help us in our search.

This is 100% top advice to think about - each state (and sometimes, often municipality/city) will have different processes, rules and yields for this - it is a very location-specific strategy and have to hyper-focus on a local market (more even for the rules/process than the real estate knowledge) to have success

As the consumer, we should be well prepared with your personal info(credit scores, dti, taxes, insurance, etc) to get a baseline estimate.

Well, they want to redeploy the capital so having them kept with a third party negates that purpose.