I'm not sure how the LLC was set up but I bet you've got questions so get them answered. 

I'm betting that we see prices increase for next 2-3 years while the area continues to gentrify and then there will be a strong correction.

Your best bet is to value it like a credit card debt, and you know how discounted those are.Maybe someone else can chime in.

But really, there are going to be a lot more numbers involved with this investment, so the best bet is to start off the conversation with a lender.In the meantime, do a little research to see what your homes might be worth and what you could potentially rent them for.

I bet, other people get hooked up on this as well due to watching BP Ytube There are plenty of good info and really interesting people on BP but since it's a commercial site, I expect there would be some payment for promotion 

Three bedroom can go 2500-3500 versus 1200-1500 and two bedroom can go 1800-2300 versus 1000-1300I do not know of anyone doing the variable rent method but interesting thought (although, MA will probably find something wrong about that). 

To find out if you can get a second you'll just need to call around to some Colorado banks and see if they'll allow it. 1stBank is usually a good first bet since they do more portfolio lending and may be able to work something for you.

You need to weigh too what is a common thing that will be found in every house versus an unexpected defect.

But getting a PM is probably your best bet, especially since you're long distance.

There are other drivers; including the growing number of jobs in Newark, but the commute is key IMHO.3.In light of 1 and 2 above,  some neighborhoods are are better bets vs. others.