Luckily I don't think we are any major crisis, better yet I think we are on track for a solid year especially in Denver!

Hello-It is a SFR, 3Bed/2Bath; they just had their 8 year long tenant move out so fully renovating the place, new vinyl wood floors throughout  (COREtec performance plus), new kitchen -cabinets, counter tops, flooring, new SS appliances, 2 full bath remodel (showers) new paint (getting the gray tones) as well as paint exterior. 

He runs a local hard money company called oak wood lending, so he’s in the note business to.

While you may feel stuck, it sounds like you and your wife have done a great job laying a solid foundation to build upon.

I have 2 entities that focus on real estate investments, but have yet to find a solid answer on whether I need a business license in this area.

The rental numbers look solid and the area will appreciate well.I am naturally quite bullish with investing, however I am new to property and not considered a new development before I came across this deal. 

I know you said run but if this issue proves to be a non issue, this is a solid double or triple in the deal category 

Investing from a solid financial foundation will increase your chances of success dramatically.

So you might have to wait another year to get a solid year of income in but 2 is always better.

That is the KEY, having an awesome deal allows you to go to family/friends/investors and show them how their investment will get a solid return with relatively low risk.