@Jamie Salyer Are you concerned about the talk of a moratorium on STRs in Vail?

NPL's - If house prices start to fall, that can have an impact on NPL's as sellers are not concerned with NPL property values and holding costs, but if housing turns, then holding assets which have out of pocket costs AND are losing value will force them to sell much faster.Seller financing vs. institutional paper?

My main concerns come in the fact that there are very few property management companies up here and market appreciation seems very low in comparison to the more populated areas. 

It's the lack of BRRRR that is concerning. 

However, I am concerned about getting a good deal on a property without some sort of value add which in my mind would mean a property that needs some sort of fixing. 

Good afternoon BP,I am PCSing to Idaho soon and in my search for a Duplex in SE Boise or Mountain Home, I'm concerned that most properties seem to have tenants in place on leases that would continue past the 60 days within loan closing, 60 days being a reasonable time to occupy according to the VA.

Hey I am a realtor/investor down here, I can help out with any questions or concerns you have

That to me is no different than the partner hiring a plumber for the flip for $60 and then charging $500 to the project, with the $440 going into his pocket.If your concern is opportunity cost because you have more demand for your employees than you have bandwidth, then hire more employees. 

My bigger concern is whether she can actually afford the rent long-term, or if any "unexpected" event from here on out will put her further behind.

It's very technical and I am concerned it may confuse you even more, and we only did 2 seasons 2 years ago and stopped.