You don't want to be starting this process over on August 1.Second, the New Mexico court will award you monetary damages for your unpaid rents, court costs, etc.

Additionally, I'd appreciate any tips on balancing cost-effectiveness with durability.

Finding cash flow in Denver is going to be very hard without making a massive down payment or house hacking, which would be GREAT if you can do that effectively. 

i would consult with attorney and CPA for your specific scenario . the same thing may effect everyone differently pending their financial position 

Recently we've found seller(s) to be increasingly receptive to concessions of up to $20k towards buyer(s) closings costs.

My costs will be minimal.

We are now seeking advice on how to protect our assets while owning the properties in our own names, without incurring excessive costs that could lead to negative cash flow.We are open to exploring creative solutions that strike a balance between asset protection and financial stability.

Also, stop trying to charge tenants for the costs to maintain your own property.

Hello,Does anyone know if you can take a tax deduction for closing costs on the purchase of a rental property? 

There is no cost to you to do this.