AVM's therefore tend to be very good in large subdivisions of homogenous homes with regular sales activity, and get increasingly bad as surrounding homes get more diverse, or there are fewer sales on which to base the estimate.On the debt side, each loan made against a property is public record, including the loan amount, and often, the basic terms of the loan are available as well.

I have been working with an accountant that is some what familiar, but I am looking for someone who deals with these types of things on a regular basis.

One issue is that my regular job is only part time, and I earn about 12k per year, so conventional lending is difficult.So what would you do from this point to build long term wealth?

Their model was wrong as they sold them all on contract and ended up getting a majority of them back in worse condition then when they sold them, but I think with our company we could truly supply a turn-key solution as we are Realtors, property managers, and investors ourselves(at least myself and the other two property managers at our company).We really only strictly deal with investors right now as far as the realty side of things, but we also are finding stuff that's off-market or never hits the market.

Now, if the landlord is supposed to supply the gas for the hot water, then that is your fault.

It is 'preferred' in that in the even of bankruptcy or liquidation it takes priority over other regular owners.

I would find a mortgage broker that deals with investors, many of the 'regular" mortgage brokers just don't have the experience in dealing with multiple properties (which is why some will tell you that you can only have 4 conforming mortgages when you can actually have 10).

Having lived in Cheyenne for 14 years now and traveling to northern CO regularly, I see a huge difference in the vitality of both economies.

@Karen Margrave We do have plenty of discount building supply stores here (Seconds and Surplus is right by my house), and BuildDirect.com ships to a warehouse here, too, so I should be able to get pretty competitive pricing on materials.

Groundwater at the rear of the house is leaking into the house on a regular basis nowadays.