Another member from denver

[Scott Heiman]

Greetings,  

I am 36, father of a 3 year old boy. My wife and I have been thinking about investing in real estate for a while and have a small down payment to get started.  (Under 50k) I am working on the criteria and reading through the guides on this site and intend to start moving on to blogs soon.  We've narrowed it down to either a condo or townhouse near us (bear valley west) that would generate 200/month cash flow and have some appreciation or a multifamily in colorado springs.  If anyone would be willing to share their experiences with me or perhaps point me in the direction of a realtor with some experience in buy and hold properties for rent I'd appreciate it.  I have 5 years experience doing carpentry and back out work. I enjoy repairing and updating our own home so I think with my wife managing the properties and me doing routine maintenance and small projects this could be a good fit for us and a way to generate some passive income and build wealth over the long term.

Thanks for the read,

Scott

P.S. I know the Denver market is hard to find any deals, but I only need one for now!