But of course, living in Pueblo would present issues commuting to work and also, from what I've seen and read about, possesses less potential for growth, has higher crime, and will demand lower rents.I'd love to get a MFH  but they're prohibitively expensive in CS and I don't want to get over-leveraged for one, assuming I could even qualify. 

Alo, I feel like its widely known Legal Zoom and like kind companies are discount options.

You're very welcome and I'm glad you're getting some legal advice. 

If you proceed without any adjustments, the following will be true: - 50% of your potential depreciation recapture will be recognized immediately and become taxable in the year of sale

You have become an insurance company, only you didn't get a just premium.The potential of rent forfeiture is part of the business in reserving a vacation home, and everyone knows this going in.

I had a ton of traction from potential tenants this past week, a total of 6 showings all with promising folks.I have done simple pre-tour screenings to see if these people are worth my time and they are.

@Alex Jacobs the more bedrooms the more potential income.DPA programs though, are usually limited to single unit homes.

legal fees or the headaches of tax filings etc.... 

I may be interested potentially interested Christian.  

My mortgage broker is telling me this is an up and coming area that is low risk, high reward potential.