You really need to consult an attorney and have this done correctly.

I know man. my timeline for a rental isn't for another year. so I'm the meantime, I figured I would do as much as possible to prepare. but you're indeed correct

You are correct that there is no school tax adjustment for non-owner occupied properties.If you visit the county tax assessor's office, they can calculate the exact amount of the property tax bill you will receive for a proposed rental acquisition.

If I understand you correctly, I think you are asking how do I wholesale properties far from me from the comfort of my home?

It is like walking in the fog and not sure what is the correct option.Thanks so much for your input.

Nothing is cheap anymore, inventories are very low and anywhere in the valley below $350-400k are almost guaranteed gone within hours or going through bidding war, especially in the neighborhood like where this property is.

If I told them this upfront I am sure many agents would not bother correct?

The potential applicant is correct that you should have asked for the money up front despite the fact that you have something in the application about a fee.

Russell,Thanks for the reply- you are absolutely correct and I decided to go with an investment property loan instead of a secondary home loan.

I just need to make sure I'm filling out the Purchase and Sale agreement and Assignment contract correctly for Colorado.