Luckily I only have one rental property in Colorado, but it's my second home where I rent out a room rather than the whole house, so it's really important to me to be able to give reasonable notice to a tenant that isn't working out, since I have to share the house with them when I am there.How are others responding to this? 

I will continue to buy in CO due to the overwhelming positive factors that come with owning homes in CO; Appreciation, strong demand, location preferences, long term trends of CO housing market and strong rent increases.

I would figure $.30 psf per month for utilities including internet.Property tax will be approximately .25 of one percent of the home’s value, per year.  

If you or someone you know might be interested in purchasing the home for $685k I'd love to have a conversation.

No mortgage paid= they lose their home.

Yes, you can sell it.Sometimes Peoria will grandfather a duplex and refer to it as a "legal nonconforming" single family zoned property with duplex as permitted use.If this is the case the new owner will be able to legally and officially use it as a duplex.I have also heard of people finding an architect to declare that the house was originally built as a duplex, which would help you get it rezoned as multi-family and duplex as permitted use.PM me for more info.

@Marco Santarelli I may be able to miss a part of the Conference that weekend and come up.Sunday works best for us, so long as it is after 2pm.Saturday could also work if it was in the morning or evening, but not the afternoon.As for location... preferably something in the South end but I do not know Calgary well enough to name anything besides Tim Horton's.

Lastly, I'm a current homeowner and have started to think about our next move.

I inherited my stepdad home unfortunately because of his passing...I have always wanted to do the Airbnb venture and thus unfortunately gave me the opportunity.

Just do it for one year, and you will see results fast.The issue is when you pick one strategy, then a month later, you want to change, then 3 months later you want to do something else, then 2 years later you have not done a deal yetin my journey, I was broke, so I started wholesaling, then I expanded to Fix and Flips, then to rentals, then owner financing and notes and commercial properties.