Cheyenne is actually closer to @Mark Ferguson who is only 50 miles away in Greeley Colorado, or @Michelle Y. who lives in Cheyenne.

The house is a 4 bed 1 bath 1483 sqf home with basement and garage located in the Denver market.

I spoke today with a compliance investigator in Colorado Attorney General's office, who informed me that if I purchase a loan in default and eventually have to move to foreclose, I will not be allowed to foreclose without my company first obtaining a collection agency's license.

@Lilly Kane what kind of preapproval do you have....traditional or HML, local or from an Internet co.?

IN Colorado when a home goes through the foreclosure auction all liens are wipes off except for a few like water and HOA.

A $500K house (in Denver anyway, I know that's a shack in some places) gets a better grade of everything than a $100K house.3) Labor.

Dana Chun I too have some college rental properties and I do understand your desire to have parents co-sign the leases.

Looking for a investor friendly title co in the Riverside / San Bernardino area.

I first became interested in this business last year when a fellow real estate investing co-worker took it upon himself to educate me in all the benefits of owning investment properties.

I have been searching for a new business venture with long-term potential.My husband and I currently own a vacation rental in Colorado, but I look to get more actively involving in real estate investment here in the Kansas City area.