(3000 units added in 2015 and 5000 units slated for 2016) Well, when they were built, they were built as condos and can easily be converted now that the housing stock is back to a reasonable level.  

Hard to say for sure but I'd expect a 2BR to be well under a thousand and even 3BRs probably just scraping that level probably in the $900 range.As I said without the address it is hard to say but I did just to a rentometer search around an address for a listed 4 fam that is asking a little over $200K and it gave the median for a 3BR as $850.  

That ain't fun if you've used your money for deposit, waited 3-6 weeks for court date only to have Johnny come lately snag your deal.In my state, CA, the underlying document you would want to review to determine level of powers in referred to as Letters Testamentary.

Save that energy for the multimillion dollar deals where it's worth the effort.In your example, does a 7% ROI meet your investing criteria?

I flip full time in Denver, and have never sold a property for more than $300k ARV, my initial thought is you might be swinging a little over your weight class.  500-700k is a whole different world and a ton of experience and detail above the entry level houses in/around Denver.  

Less a $375 energy efficient rebate.

I think once you start the leg work you will run into a mentor that will help you get to the next level.

Spend $6k and get a whole new level of prospective tenants?

 :)Finally on a practical level...

The deal flow, creativity, brainstorming and ideas for the future were at such a high level that we had a tough time calling it a day before midnight every night.