a good tenant is one who can and will pay their rent and can prove it with references. be careful of the tenant that shows up with a fist full of cash and wants to move in today and they are have a U Haul attached to their car and 5 kids are bouncing off the wall in your newly painted apartment, their car looks like a dumpster and they are vague about the telephone numbers of their last two landlords. 

@Elaine C.I used to have a brokerage firm.

In fact, the CEO of the lending firm responded with the following:"He will be getting a conventional mortgage(s) for the new properties.

Longmont is bikable to Boulder, and even Loveland is closer than Greeley - but still a haul. 

I used to buy turnkey rentals and when the PM and provider was the same firm it seemed like the PM was always trying to cover stuff up.let me know if I can help with anything!

I’d never ask my $25/hr guy to haul off trash or recycling from a reno when I could hire a HS kid to do it at $10/hr

If you're a tough landlord familiar with tough tenants and can commit to the long haul there, I think there's money to be made, but I don't recommend it for new investors.

Depending on the scale you are looking at I tend to discourage the larger firms as they will eat up most of your profits. 

He did a great job, and it sounds like the SOW was similar (complete electrical and plumbing over haul).

In my local market, I've seen movement of people from the suburbs back into the city as well.Keep in mind some of that "stupid money" is from institutional investors and private equity firms with full time acquisition analysts and market experts (not newbies like here on BP).