In the case of making extra mortgage payments, I still knew I had the money benefiting me for any future problems that might come along and would provide a wider safety net if my property for some reason stopped producing income for a longer period of time.

I have to purchase 1 more property, but I only have 2 slots left on my list.

It might produce some cash flow but would not probably appreciate as the land gets up in value, but not the house. 

With just one of their properties they had in santee producing $2400/month in rent, they sold it for $625,000.

@Alvaro Rodriguez The best place to start in your search will be to understand if you need any of the drawings will require a professional stamp, residential work has a decent amount of leeway on who can produce your drawings but commercial work is typically held to a higher standard. 

I would like to somehow turn this into an income-producing property but still have the ability to stay on property when I visit Colorado.

@Bud Gaffney I have them in a MF building and they produce decent revenue if you have 4 or more units in a building.

It would be very unusual for a condensation line blockage to cause problems this time of year here in Birmingham because it's been cold here lately...so nobody has their air on...and the unit doesn't produce condensation in heat mode.For a future preventative measure though, I would recommend you have an HVAC company install a pan underneath the unit in the attic (if there's not one there already) and attached to that pan, ask them to install a "float kill switch".

I grew up in a real estate family.. my Dad went from rookie agent to top producer to his own company and he had hundreds of agents come and go over the years.. 

I am willing to go the extra mile to get into a decent property that will produce good numbers at the end of the day.