That risk element wouldn't change if I had property in the Inland Empire, San Francisco, Phoenix, Denver, or even Miami.

His security deposit was listed as a "non-refundable service fee" so either way not explicitly listed as a deposit but no other deposit was listed in the lease nor collected...A "special provision" was listed in the contract that the full march rents would be delivered to seller at closing but this provision was struck from the agreement but the prorated language in the lease was not so I feel I should have at least received some of the rents since he collected the rents for March and we closed as of 3/6...Either way that is not my main concern (lesson learned to vet the title co better), the bigger concern is that one of the newly renewed leases was signed and would expire a year from 2/1/17.  

In Colorado anything over 2 units goes to commercial Insurance. 

One way to get past this though is to have a co-signer that is a relative that qualifies.

IRS states you must and your spouse must have co-habitated in order to receive the exemption, although it clarifies that you didn't need to be married at the time of co-habitation if you married after.

Here is the situation:Own (2) condos in Breckenridge, CO that are rental properties and owned for 12 years.  

How about a friend, relative, or co-worker.

Besides building credit and saving which I still highly advise, I would say the second best option would be to find a co-signer or co-applicant for the property.

Seeking a Pueblo Co agent/investor 

I have lived in Southern California for my entire life and one day hope to have a little place in the mountains of Colorado.