I pointed out that each one was making minimum wage but as there were 10 of them working that was over $30.00 per hour which was more than  was making.

Listed price of 119k and has been on the MLS for over 200 days. 5- one br one bath units rents for 350(Usually don’t like 1 br, but in this small town I think it might be better for filling)1- three br 1.5 bath unit rents for 750All units separately meteredAll units are currently filled with everyone on month to month lease and one unit has a live in maintenance employee.Taxes are approximately 2300/yr according to the accessor.Any advice/concerns would be greatly appreciated!

According to my analysis, the property should be generating just over $500 a month cash flow from all three doors. 

I am considering doing a 1031 exchange for two properties (1) a SFR ($230Kish) I will turn to a shor term rental (STR) and (2) about 27 acres ($200K) of raw timber land I would subdivide and develop into more SFR-STRs within the next three years. 

If you move in, you have three MASSIVE advantages.1) 5% down.

Shouldn't take you a couple of hours to setup and then you can focus on social.

As Denver has just been rated the hardest place for a first time home buyer, I've started a list of things that I think help our clients, but am interested in what other BP agents and people have to add to help make it easier for first time home buyers.Write a strong offer letter that's personalized to the place and makes you seem like someone the seller wants to help outIf you know the owner still lives in the place, consider mailing your letter so that it stands out from emailMake your offer as close to cash as possible - this is possible if you go further into the lending process than just getting pre-qualifiedConsider a market that's still appealing, but less expensive and up and coming (aka, talking to you Colorado Springs)Go with a local lender- local lenders return phone calls, work off hours and know contacts in the area- they can make the seller's life (and their agent's life) much easierBe as flexible as possible with your time.

I’m currently about 27 percent equity across my three properties so I guess about 73 percent LTV.

I told him that I was staying with the same offer.6- Less than 3 hours later, he called me back and stated that the seller is okay with my offer, but will prefer to sign the PSA after I do the inspection.

I figured how many units I want and the mix of one bed two bed three bed.