Buying a home to live in and convert to a rental later

[Neil Emick]

Hey Everyone, 

My wife and I bought some land and have intentions of building a home in 2 years. We are currently renting, but would instead like to purchase a home that we would convert into a rental once we build. Our goal is to find a home that fits us(that may not be prefect), but will be a wise rental investment. We are just getting started and this would be our first investment property. What should we be looking for? We live in Colorado Springs, CO. Thanks in advance!