It's a challenging enough market with an abundance of bad actors.

Current financing available, construction costs and how to reduce them, appraisal trends, best practices when building on investment properties, rental values, design trends, how to minimize the construction time, which cities are helpful and which aren't, etc.

@Mike Dumont so apart from some correspondence detailing how the funds would be handled, I would do the following.Colorado law gives the landlord 30 days to return a security deposit.

@Gp G. going to guess your current PMC is charging you a flat fee for finding a tenant.If so, who's going to pay an agent that brings a tenant via the MLS?

Can you suggest a few good insurance providers that operate in that market?

Then they will start the process over.As for finding a market. 

How did you find this deal and how did you negotiate it?

I can't see how some investors cashflow just $100 per door in some markets. 

Quote from @Brittany Kelly: Quickest way to put single family home rental into LLC.

I'd sell #1, even if you have to take a loss on your equity.The market does go up over time, but most markets seem to be stagnant right now, so when does that change?