It almost always costs more (and takes longer) than you think. 

Colorado landlords will no longer have free rein to refuse to renew their tenants’ leases under a measure passed last month by the state legislature and signed by the governor.

In addition, I live with my parents so even househacking will still cost me over $400 a month, which is what I pay to stay with my parents.

That is, unless investors are now willing to pay more than the 1% rule used to dictate.I know it will cost some time and money to get them vacant and fixed up, but the alternative seems to be to leave 10s of thousands of dollars on the table.

You are tying to separate them but keep them together where it benefits you (premium cost saving).

@Charles Burgess To be honest with you, the chances of you buying a lot and building on it for less than the cost of buying an existing property are pretty low.

If you’re still working through it, I’m happy to share what I’ve learned—feel free to reach out! 

Moisture in ceiling; subfloor damage.Moisture in ceiling; staining and previous repairs.Moisture in baseboard and floor.Moisture in ceiling; staining.Moisture in ceiling.Roof replacement; address moisture and leaks.Exterior inspection; identify and fix moisture sources.Fix moisture damage.Electrical system overhaul; ensure safety and compliance.Temporary housing costs for tenants during repairs.

Feel free to reach out to me directly if you have any questions or need help with financing for your investments!

Long story short it cost me a deal plus more money (Besides the sign up fee (5k not 4k) plus the monthly cost of 160 to 180 for the "subscription" as well as the EM, Termite reports etc. and not only caused issue with the seller and their realtor but mine as well.