If you were in my shoes, buy or wait?

I am definitely a big fan of Cozy and have recommended it to all of my landlord friends.

Our contractor works both cheap and great, but since we weren't 100% clear on everything we wanted done (there were 2 fans without blades for example), our property manager had to go back in and put on the finishing touches.

Personally, I'm a big fan of minimal debt and try to always put at least 20% down on my properties and leave it there.

I'm not a big fan of this option as you have two sets of loan fees, but it's there as well. 

I am a fan of pushing yourself out of your comfort zone but in a controlled way.

Purchase price: $83,000 Cash invested: $28,000 Sale price: $141,000 Mostly cosmetic; sales desc: Custom Pueblo home with many new updates to include: thermoplastic polyolefin (TPO) roof, premium stucco finish in Cottonwood by El Rey, hand-welded custom security gate, lighting fixtures and ceiling fans, KOHLER Staccato sink, plumbing fixtures, Williamsburg Maple & Acacia butcher block countertops, Fireside African Rosewood Laminate Flooring in all bedrooms (no carpet!)

Purchase price: $83,000 Cash invested: $28,000 Sale price: $141,000 Mostly cosmetic; sales desc: Custom Pueblo home with many new updates to include: thermoplastic polyolefin (TPO) roof, premium stucco finish in Cottonwood by El Rey, hand-welded custom security gate, lighting fixtures and ceiling fans, KOHLER Staccato sink, plumbing fixtures, Williamsburg Maple & Acacia butcher block countertops, Fireside African Rosewood Laminate Flooring in all bedrooms (no carpet!)

Upgraded light and ceiling fan fixtures throughout - included wall lighting added to bedrooms.

Upgraded light and ceiling fan fixtures with all new electrical outlets and switches- BONUS wall lighting added to bedrooms.