I realize you may not like someone pointing out something as basic as a contact page, but I was trying to help you, not criticize you.

There are some great opportunities out there but there are also some cautions you need to have, not everything has the occupancy and the high ADRs that we saw a couple of years ago, there are still some money-making machines but you need to invest in something that's not a commodity and make sure your investment really stands out from the competition, there are more units coming into the market in the next couple of years.

There are some things that become more sensitive though to look out for. 

Regarding the income aspect - Something to consider talking with your CPA about. 

My view is there is risk in unpermitted work including getting caught and having to come compliant and/or not being able to rebuild if something happens.  

That's not to say that people don't still rent out those properties but it is something you should definitely be aware of.

I would prefer to buy something local to the Longmont CO area, but there are limited options, so I am open to out of state investing, but concerned about managing it.

If asked for an LOI, it's usually a reasonable request, and drafting a simple LOI outlining your offer and key terms is advisable if you're genuinely interested.If you're unsure about something in the LOI, consult with a real estate attorney before submitting it.

I am a Real Estate investor in Colorado looking at doing something similar, I put together a syndication here to work on a development, starting next year to build tiny home neighborhoods in the local area.

I’m an eager guy ready to build something great and long-lasting.