Example:We did a joint venture in Colorado, where we put a 16 ac site into escrow, for a long term escrow to give time for the land to be entitled for a 400-unit+ apartment project.

In Staten Island that would probably be closer to 100k needed.There's many, many markets between western PA and the Colorado rockies where investors can play the game at beginner Capital requirements. 

I am a rather new investor, and am still seeking a house to wholesale here in Colorado.  

I have many land flipping successes I can share but this is just one of them.I ran into a motivated seller who had ten 5 acre properties in Colorado.

@Alan Asriants it is a real bummer that I FHA/Conventional house hackers in Colorado Springs can't buy a triplex or fourplex because of these rules.

Looking for advice on markets outside of Colorado that have good upside and little money down.

@Gurjot GrewalI am not sure how your contracts are written, but here in my US state of Colorado, the buyer has an option to select "specific performance" or not.  

So thats why I would have thought that CGT would be established from the date I took ownership and forward.This is an uncommon situation because typically FMV and transfer of ownership would be fairly close together and not 4+ years apart with such a major difference in asset appreciation.I was recently the executor of my late sister's estate (in Colorado) which included a house. 

A bill is being considered in the Colorado State Legislature that would raise property taxes on certain short-term rental hosts by as much as 400%, by classifying their homes as commercial instead of residential.

Thankful for family, friends, parents, USA, my privileges, my mistakes, my mentors, my enemies, my teachers, heartbreaks, laughter, fresh air, mountains, rivers, the sun, indoor plumbing, heat, electricity, modern medicine, the internet, and the incredibly beautiful fall weather we have had this year in Colorado.