I have other priorities that require me to put this rehabbing on the back burner, I am also at a good milestone in the process.  

Part of your learning process should be dedicated to running comps on properties.

But since that is the choice you have made: I don't know what it is like in Pueblo; but in Mesa County where I live there is a person on staff that walks you through the process and the necessary paperwork that needs to be filed (they don't fill it out for you - just provide the steps).

(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.

I am curious if other investors create a business plan or provide other documentation to loan officers?

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

If you want to be hands on in the investment process being in state definitely helps.

After much more supplemental research and reading through Montana chapters for their tax lien and auction process, it would be a tight window to tackle this year, though not impossible - at least if it's something I would build on next year.I expect close to 160k in forced appreciation from the rehab on my current home.

Granted there is some peace of mind having a tax attorney cpa sift through our financials and dates and lay out for us various plans. 

Tracking that process can be tedious.