If they can’t allow you access to your accounts whenever you want, they might not be the best choice.5.

According to the new law passed for Colorado effective Jan 2021 pasted below...HB20-1332Prohibit Housing Discrimination Source Of IncomeThe act adds discrimination based on source of income as a type of unfair housing practice.

@Cristin Rakestraw , creating an LLC for your rental property is a smart choice as a property owner. 

You can hold an open house for those who don't go through this process or you can just forget them, your choice.  

But I would say find anything and start practicing running a proforma and reach out to a contractor in your area if you have a relationship with one and get some ballpark numbers.

It’s the best practice and place to start.  

Learn all the cracks that a system may have, fix them and practice the one property you have.

I wanted to get some input and clarification on some wholeselling practices.

I normally do $2500 per unit as a reserve amount, but you can also think in terms of holding 3X, 4X, 5X or 6X  your monthly expenses in reserves which is also good practice.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.