My lady friend, who has a very solid 9-5, has offered to co-sign on the property in order for me to get approved for the loan.

I strongly suggest to every landlord to get $1M liability and if your co doesn;t offer $1m move on and find someone who does.I've had coverage from most of the nationals and for many reasons they all drove me nutz!!!   

If its needs a lot of fixing up perhaps a prop mgmt co would be able to help me build my team?

Great question, I'm in several markets here in Colorado:1.)

It still remains one of the few Midwest locations where 2% monthly rental yields are possible, and when you compare IN tax (Marion Co for example at just over 1%) rates to other areas along with avg purchase price, it builds momentum quickly moving towards the tops of the investing list.

Life Companies - Life co debt will typically have better terms than banks, but will come with tougher qualification criteria.

Hello, are there any investors in the Colorado Springs area?

My brother and I “co-own” a triplex we just bought.

Sure, I’ll ask my guy for a referral, but before that: does all your leases have signers and co-signers DOB, SS, last known phone, etc?

Meanwhile, in a market like Denver or Colorado Springs, prices have gone up 10% or more, and you've lost $60,000 worth of potential equity.