In the mean time I need cash flow to focus on my real estate business ventures.

Right now only my name goes on each contract which in turn means all of our assignment checks are made out to me.

By 'Traveling' I mean they rented out conference rooms and hotel lobbies all over SD.

It doesn't mean EVERY HOUSE in Pueblo is a GANG HOUSE.

I will not develop property unless it cash flows in year 1.(.58 acres with 3,000sqft min per dwelling so 8.42 dwellings or 8)Land Cost: $25,000 ($3,125 per unit) - Hoping this land cost is what gives me an advantageConstruction Costs: $706,270 ($85 psf construction costs) - This isn't a hard quote yet and will be updated once I get it officially quoted.

It's not likely, but it's not impossible a tornado could level this city, destroying my entire portfolio.

It's possible that if do this AFTER closing, you end up with a few evictions on your hands, which will destroy a good deal.My suggestion is to learn how the tenants feel before closing.

I assume you mean outside the 100 year (1% annual event probability) zones.  

It does not mean a good home on the MLS (which many will claim) It is actually a specific type of investment.

Similar to how paying half your mortgage twice a month (semi-monthly) means you make 13 mortgage payments over the course of a year.