They do not have to co-located with you, but they must reside and operate in your state. 

I also have the option of having a parent co-sign or being a co-borrower and definitely being able to get financing, but am going to try to secure the loan on my own first.

Can anyone recommend a property manager in Sterling, CO?

I'm a realtor (mostly working the Hudson Co. market) and investor in Hudson and Essex.

I have two 4-plex's on lots next to each other in Colorado.

It's a very equitable way to structure the deal and especially if you're co-investing a significant amount you can keep a lot of the deal yourself, and complete control so it's very clean.

Hey all,I'm wondering if anyone who has conducted business in Colorado Springs has any referrals for any or all of the following week work in this area; real estate lawyer, CPA, real estate agent, lenders (traditional, private, etc.), property managers, contractors, wholesalers, and maybe a turnkey company.My wife and I are looking to start our portfolio in our backyard before pivoting to Florida.

Have a parent/other family member be a co-borrower.

Based on my internal proprietary calculations;What I am seeing is right now the average SFH home price (USA) is about 35% above where it would be if only owner occupants owned them all (with very few rentals and no flips), (not including the high end trophy home market present in many areas).More popular SFH rental/flip areas will have higher percentages than less popular areas to average out to the 35%.So we have price heat (and volume) coming from people owning more than one SFH (speculation) (Tom Vu Seminars, and all the rest) in addition to the SFH market price set by worker demand for owner occupied housing.To me it looks like a financial shakeout the SFH speculators might (possibly) have more of an effect on the SFH pricing than a workforce issue. 

"You'll have to speak to her case worker."