STR/MTR House Hack in Denver Suburbs

[Jacob Munson]

Socal resident moving out to CO in the not so distant future recently visited Denver area again and drove through some of the different suburbs west of the city (Arvada, Lakewood, Sloans Lake, etc). Really loved the areas and been trying to game plan a house hack strategy and to this point have been focused on long term rentals but from what I am seeing price wise any sort of decent cash flow seems difficult to find. Becoming more open to the idea of STR/MTR to bring in more upside potential but don't really know what the market is like for it in the area. I guess my questions are:

1) Have folks had success with STR/MTR in these suburbs and what kinds of setups (guesthouse, private basement, etc) seem to be the most in demand?

2) Which areas to avoid as far as STR/MTR ordinances go

3) Any other comments or feedback that you think might be useful