The problem is that certain (usually) well-meaning individuals don't understand that policies like that end up promoting the very problems they're up against.

Will you be purchasing a nice home or rehabbing a home up to a high standard?

(One of the nice things about Westminster is that they're one of the few Denver-area cities to allow non-owner occupied short-terms, so you could give that a try to boost your revenues.Also, my standard advice for first time investors is to not overthink it.

We may see some reduction in rates this year on the fed rate side, but people need to understand interest rates are tied to the 10 year treasury and not the fed rate. 

It's great to hear that you're getting a lot of views on your Zillow listing, but I understand your concern about the lack of interest from potential tenants.

If you negotiated 3% closing help,  that would be pretty standard in my area. 

I completely understand preservation of capital is key with this much money so I would never take a risk I couldn't swallow.

@Paul Baldwin - I have found there are two ways to understand/learn something....find someone who already knows or teach/learn yourself...the later works, but just takes longer and often has room for more errors.There's no true cheat sheet until you have done enough projects in your specific area!

Pinellas County, FL, offers great opportunities for house hacking.It's completely understandable to feel overwhelmed at the beginning of your journey, however that is normal and you're in the right place to learn and grow.

Also, what this bunch may not understand is that many times you pull your comps before going to the subject property.