I would not call annual smoke drenched sky's "good" weather, nor ignore the fact of wondering where majority of state is going to get water from. 

I'm sure Denver Skiing would probably bring in a higher premium than Houston, Texas during the "winter" months. :)So look on places like PriceLabs or BeyondPricing.

LOL I just got one of these this morning that had a pre-approval/decline option of the dates.

I love your strategy, but I also highly recommend asking your lender (when you get a pre approval) to see what your max pre approval is for a 3-4 unit property in the areas you are looking in as well.

Close to Wolf Creek Ski area, and home of Pagosa Hot Springs brings lots of visitors during all seasons.

We are too far from skiing and the like.

I also had to get a pre construction appraisal based on the house plans so the bank could approve the loan.

Pet and pet waste are required to stay under control. as always we do a pre-inspection with video and pictures and have the new tenant sign off on the pre-inspection form.

As you can see, this means your out of pocket will be $7k more.Is there a pre-payment penalty?

I'm not sure if you're asking from a pre-purchase evaluation question or a post purchase accounting question.Pre purchase, the "50% rule" is a reasonable estimate of vacancy, expenses, and capital over the long term for a number of units.