You need to get the elevation certificate and then you can look into flood mitigation methods to reduce your premiums.

Pueblo has the highest insurance premiums in the state due to the hail storms tearing up roofs.

The location you describe is a premium blueberry growing area.  

The Ultimate Beginner's Guide free course edition would be a good material to start here.

I will do a Buyer Premium, or a commission for the sale if you have a license, or a finders fees there is many ways, just put a contract infront before you introduce.

I used the BEHR Premium Plus Ultra line from The Home Depot.  

Renting out is usually more longer term but being around a college could be a premium investment if handled properly.  

Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.

I will edit the above message.

In any market I've observed buyer's pay a premium for a fixed up property.