Fort Collins>Boulder>CoSprings: Student rental fiscally possible to break even?

[Nicolas Franckenfeld]

We have been in a multi-year half-hearted search for a SFH in Colorado (we are out of state) where "the numbers work" for renting a place for 9 mos during the school year (Sep-May approx.), and living there ourselves for part of the remaining 3 months.

Our only 'goal' is to be near break-even on the cash flow (assuming a 15 year note for 75-80% of the purchase price).  Based on what we've seen, it is not very likely (unless you get a below market purchase, of course)

Any tips, ideas, contacts, success stories, specific areas, specific type properties,anything that could help make this mini-dream of Colorado summer living possible?

Thanks in advance.