As far as I understand if you rent your condo out for fewer than 14 days at a time then the rental income is tax-free (other than income tax)Does this sounds accurate?

Thanks, I had reservations about it but with the market heating up I was going to really cover the nearby counties.

It does make it harder to sell only in that fewer people will qualify for it.  

Are you looking to move out of state or to a nearby area ?

“Tier 2 issuers’ reporting obligations under Regulation A would suspend when they are subject to the ongoing reporting requirements of Section 13 of the Exchange Act, and may also be suspended under Regulation A at any time by filing a Form 1-Z exit report after completing reporting for the fiscal year in which an offering statement was qualified, so long as the securities of each class to which the offering statement relates are held of record by fewer than 300 persons, or fewer than 1,200 persons for banks or bank holding companies, and offers or sales made in reliance on a qualified Tier 2 Regulation A offering statement are not ongoing.

Denver Colorado up about 25% rent increase, 20% income increase, 25% mortgage payment increase and 13% more renters with 7% fewer households.

My recommendation would be to try to locate builders from nearby towns with experience.  

The catches are: funds must be sourced (ie - any funds not shown on your bank account for the last 60 days (2 statement cycles) need to be explained - a loan is OK as long as no lien on the property); most lenders don't offer all the things Fannie Mae allows, so you'll need to talk to mortgage brokers who work with investors or investor friendly banks until you find one - even fewer allow the funds to be borrowed (within the last 60 days/2 statement cycles before purchase); the refi loan cannot exceed the LTV limit specified for the number of properties you have or the purchase price plus closing costs - whichever is lower, so if you got a great deal but it has significant rehab, you may be better off using hard money so you can maximize your leverage - or wait 6-12 months to season for a regular cash-out if you are not in a hurry to get the cash back out (NOTE: after 4 properties you can't do a regular cash-out, but you can use the DFE through all 10 available Fannie Mae loans - though LTV limits may drop from 80-75-70 along the way). 

These figures usually come out on par with just getting a standard lease at less money with fewer man hours involved.

@Dawn Anastasi Do you have a Habitat Restore nearby?