I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

Rate is about 9% with no extra fees. 

Also, double-check title status, permitting needs, and resale comps before committing further.

Even smaller rehabs can easily take 90–120 days from purchase to resale when you factor in inspections, permits, contractor schedules, and unexpected issues.

Not as much competition bc you need a permit for being owner occupied which I am in my building so it works out. 

It seems that most areas are not zoned for STR's and most permits are taken.

Definitely agree that this region is under-served on BiggerPockets — happy to explore how local permitting and engineering factors could support additional pipeline deals here. lets hop on the phone and chat later this week I am in the mountains of Utah fishing right now.. later this week will work though

Did he get permits?

The best way to get your feet wet is to start by learning your local zoning and permitting process, connecting with builders, and really understanding land values versus build costs so you can figure out what makes a project profitable.

Also find out about permitting, because nothing happens fast with San Juan permitting.