The past couple years, this tenant has taken liberties with some things around the property that have created a safety hazard for others in the building and a liability for us as the owners.

Safety comes with numbers.

Be patient- Identify your investment criteria and stick to it. 

Logistically this will increase compliance complexity, increase operational costs, and raise safety concerns for rental housing providers throughout Colorado.3.

Should I just be patient and wait??

I'll admit I had to be patient but the CPA I'm working with did end up saving me way more than what I paid and was really fun to work with someone that geeked out over taxes and planning.

Any time that we have a tenant go dark we do a safety check.

The police never reached out to me.Fast forward 10 days later and I'm getting a notice that I have to appear for an administrative hearing because I was "allowing" gang activity to occur and jeopardizing the safety of the community.

You can accumulate some cash just be patient and stop spending and buying.

The elevator box itself costs $10000 plus all the engineering, labor, and sign offs as is a safety issue.