Choosing the right neighborhood for rent by room

[Christian Albright]

Hi everyone, I’m currently beginning my search for a single family or small multi family property in the metro Denver area. My plan is to house hack and rent out the rooms to younger professionals in the Denver area. I’m trying to decide on best neighborhoods in south and east Denver/ Aurora area, that are enticing to people looking to enjoy Metro Denver without the prices and crowds of downtown. That being said I’m trying to decide on areas that have cool restaurants, shops, gyms, and parks. Proximity to highways and light rail lines is also a plus. My price cap is $450,000 and looking at class b and C+ neighborhoods. Any advice of areas to check out is appreciated!

[Chris Freeburg]

@Christian Albright If you're committed to S/SE Denver, I would look around Wash Park, Denver University, and near the hospitals (University of Colorado Hospital in Aurora) for neighborhoods catering to young professionals. NW Denver (north and south of the Highlands; the neighborhoods around Sloan's Lake, Tennyson, Arvada, etc.) has a lot of new development. If you're going to be house hacking, I suggest buying where you want to live and then make sure it checks the boxes for rentability.