I've always had self employment income from another source so it wasn't a big issue but the emotional hit of having great cash-flow properties going to a negative cash-flow (and cycling tenants) really pissed me off lol.  

Let me just sidestep on that again I had a client who wanted to buy a house for around 600 grand and I said don't do it you're on the high side of the market the market's gonna collapse he said well my wife really wants his home she loves it and we have all these reasons why we think it's going to make all this money which is very common for people to believe.Because they believe that in the market it's going to make a lot of sense and they have this great plan that they're going to see go through and make it right and so you can't convince them otherwise they're emotionally tied to this home it's the one they've looked at wanted all their life those types of arguments or scenarios.What I did is I said well if you're going to buy the asset or the home in the attic said there was a potential that the person would own or carry that's really where you'd want to go with that.

You also need to consider the legalities of tenants with service and emotional support animals.

A friend of mine living in Utah is trying to get an emotional support animal, but her landlord is having issues.

Just another example of how the Emotional Support Animals are an example of people abusing the system.American Airlines passengers’ shock as traveller takes miniature HORSE onto flight. https://tiny.iavian.net/uucl

In the state of CO can you delineate a maximum number of emotional support animals allowed per residence within the leased property? 

I suggest that you practice running numbers on a handful of houses that you have no intention of buying ( it takes the emotion out of it) - get proficient at ARV and repairs, those are the two places people get hurt in this business and oddly enough the two numbers that as investors we are so willing to trust and not verify. 

I asked my lawyer about service and emotional support animals.

Then I came to understand that most people don't really care that they've been caught and exposed as half-a-human-being unless you rub their faces in it and humiliate them with the stupidity of their lie, over and over again.I also learned that most long-term renters are only really capable of feeling two basic emotions toward their landlords: dread and contempt.

Now they are claiming it is an emotional support animal.