The seller has just been letting it sit at her fax machine, waiting for the escrow officer he is comfortable with to return.

Buy a house, rent it out, sit back and get some cash?

If the zoning has changed (setbacks, density, etc) then you will be able to put back the same size structure that currently sits there because it's grandfathered in.

Its mid rehab and there are new cabinets, fixtures etc sitting in boxes that i dont want them packing up and taking right before we close the deal

I seem to recall I paid for your eggs  LOL...I know I break the internet social rules because I really don't know the rules and frankly could care less.this is interesting to read how polarized the responses are.. 

Vacation rental is interesting to me, but the fact that it may sit empty for a good portion of the year, and that a property management company would most likely be involved and take a big chunk of the rental income, makes this a less appealing prospect.A little background on me....been living in the greater Denver area for 13 years and managed two rental condos for a family member for a few years here. 

Go to the housing court , take part of a day and sit thru a morning session so your familiar with how the housing court process is done.4. you can file the action yourself and it's nothing to be afraid of if you have a good idea of what you need to do and visiting the housing court will make you prepared.5.

New construction (less than 8-10 years old) would be called A class but if it brand new from 2016 and sits in the prime location of an upscale neighborhood they will call it a AA class asset (yeah, there is such a class as AA)Late 90s or Early 2000s to 2007-ish will be called B class IF the area is good and the demographics are  professionals, young families, tenants with high income and the property is very well maintained.C class buildings are usually 60s-90s built and are usually located at lower economic area with blue collar tenants.

I recall a recent thread where one unlicensed broker was concerned about getting scammed by another unlicensed broker.

I need to sit down and come up with that again now that we have a little one on the way.