The first thing you want to do when considering a parcel within the park is to call the APA and just have a conversation with the land use people, will save a lot of potential headaches.

Since Real Estate is all about leverage, you can do a far larger deal than a potential $200k investment or a $100k gain if you did a deal yourself. 

While acknowledging this issue, my primary concerns lie with the potential ramifications on increased property taxes and insurance rates for my properties.

I've followed that a little and know there are reports of people not being able to sell their home because they're in a zone that's well past the cap, and so the pool of potential buyers -- which would otherwise include potential vacation rental buyers -- is reduced.I think that's slightly different that the repercussions that could be felt by this Colorado law.

What is your strategy for maximizing its potential? 

This way, you can potentially retain the property and convert it into a rental while addressing the family's needs.

I saw this map online from Trepp, which shows the percentage of multifamily loans with potential issues by region.

What data points are crucial for you to find a potential flip?

(not trying to be a jerk, just pointing out what should be obvious)Thanks Michael,  yeah I approved just some painting same day but I think my problem lies in they aren't even diagnosing the potential work until tenant leaves leaving a gap in time. 

But even these will only find 90% of the potential problems.