So basically I’ll be busy with my current job and unfortunately won’t be able to benefit from a broker’s front office, or training, or support network just yet (hopefully in a few years).  

So that is how we got rolling in the early years.I do suggest that method, as we benefit from debt pay down, appreciation, inflation and the renovations that we do.  

The added benefit of this process is that you can also have your attorney sign the public records as "Nominee Trustee" before assigning yourself as the "Trustee" once the trust has been established.

https://www.wdrb.com/news/phase-one-of-million-bee...Change is a foot!

The point of all of this is for him to benefit from it, make passive income and i get to know he isnt working anymore.

As such, you need to be confident in your comfort level with each inspection, and at what repair level you'd take it as-is (basically), where you'd take it but based on a lower negotiated price to repair/renovate items, and where the cost is to great to proceed.When I walked from my first cost/benefit analysis, it stung a little. 

One of the great benefits of DIYing for us, it turned out this year. 

look at utilities and other added benefits you could upsell to your tenants, but it looks like you have a great deal, just screen properly and be professional firm and courteous to your tenants.

You'd also benefit from the best financing terms when buying primary residence vs strictly an investment property. 

At this point with only 6 months left to wait, increasing interest rates, as well as higher debt load from remodel, it may benefit over the long term mathematically with the secured lower rate, because the margins in Denver are tough.