You want to know this before you buy.Final tips: work with a realtor who has knowledge of subdivisions, and call the city planning commission to see if what you’re planning to do passes the smell test.

If those are all cash flow positive, you need to make sure you keep all receipts and time lines of the bathroom conversion and as much detail as possible so that it pasts all of the appraisal tests.

Important notice Prior to settlement, a ll parties must notify our Trident Land Settlement Officers in advance of closing, if any of the following apply to any person planning to attend: ● A diagnosis (positive test result) for COVID-19 ● A pending test for COVID-19 ● Under Quarantine by direction of a healthcare provider ● Traveled by them or a household member in the past 1 4 days to anywhere designated as having widespread sustained spread b y the Centers for Disease Control & Prevention Geographic Risk Assessment tool: https://www.cdc.gov/coronaviru

Without relying on local realtor CMAs, which they have little incentive to really provide good data for, I am looking to pay a reasonable amount for an appraiser to povide a more confident ARV in the various markets we are searching. 

To me that is a minimum litmus test.

We think it is important to look at Denver real estate  in 5 day increments since corona virus became real (I'm saying March 12th, which is when the NCAA canceled the tournament.)GETTING HELP NOWNYTimes - Money MattersUnemployment - law expires 12/31States can access when they have 10% rise in unemploymentUnemployment is typically 45% of lost incomeMost states pay 26 weeksDon’t have to lose your job, can get it if: you are quarantined, furloughedGetting unemploymentHave to have been at job for 30+ daysEligible for 2 weeks paid if ill or quarantined or caring for sick family memberPart time workers can get average of normal 2 week salarySelf-employed (gig workers, etc) must calculate daily average and claim as tax creditWho is exempt:People that work at companies that employ 500+ peopleCompanies with fewer than 50 people can ask for an exemptionEvictions + ForeclosuresMoratorium right now on bothSuspended for 60 daysThis includes foreclosures that are in processTaxesCan hold off on paying (without penalty) until July 15th if:You owe less than $1 million to the federal governmentIf you are getting a refund, it will come in a normal time frameMortgagesFind out who owns your mortgage + what programs are availableRequest Assistance (Fannie Mae)Small Business ReliefSBA Economic Injury Disaster LoansSmall business loans up to $2mil3.75% int rate for businesses | 2.75% for nonprofitsDenver Small Business ReliefDENVER RE TRENDS - please note you should watch Seattle, as what happens there will likely come to Denver and Colorado SpringsPulled data for detached/attached homes within 6 miles of a client property in Sloans Lake$350-$500KMore properties went under contract in past 5 days than in two other 5 day increments we recorded (11-15, and 16-20 days out)35 of those were on the MLS for 6 or fewer days$500-$700KSimilar to above, 5 days out is beating number of houses that went under contract 11-15 days out and almost the same as 16-20 days outCitywide: 2.4 homes were falling out of contract/day in March. 5.8 for Feb. 2.7 for Jan.$800-$1.2Mdown from 5 day increments before, but not significantly and a small data set

Basically a place to store and track tenant forms and data, organize accounting, do tenant screenings, create invoices, and meter electric and water.

The data in the link is a macro look.

You can pick WHOEVER & don't owe them an explanation.Do your screening tests. 

I more or less used $1500 as a place marker.As far as vacancy goes, I would need to get some more historical data on this property and when I get home I plan to do that, as well as walk the property to see what all needs to be fixed.