Hi Joseph, I own 3 SFR long term investment properties, and have gutted 2 down to the studs and rehabbed.Then I help out a handful of investors in various ways.

go to REIA meetings, go on Facebook, talk to agents, talk to property managers, talk to everyone.

looking for high leverage or risky property type ? 

Even tenant lawyers are soliciting to bring litigation against landlords and property owners.

The distinction is that 4 units or less is referred to as residential/small multifamily, and 5+ units is referred to as commercial multifamily.Here are the CO state guidelines for "Motels, Hotels, And Multi-Family Dwellings": https://www.sos.state.co.us/CCR/GenerateRulePdf.do?

My tip is to focus on what adds the most value to the property and the market you’re targeting.No matter how thorough your initial budget, unexpected expenses are almost inevitable.

Our focus is on property management, but it's still a pleasure to connect.

If the roof’s age is unclear, it might need replacing soon.Electrical systems can be tricky in older properties.

To overcome these challenges, many borrowers focus on building strong communication with lenders, providing clear and detailed exit strategies, and ensuring thorough due diligence on the property.

Partnerships or joint ventures are also effective for splitting equity and risk, while lease options can allow investors to control a property before finalizing the purchase.