Both of those cities have their own charming little downtown with bars and restaurants and shops and are both within 20 minutes of downtown Denver.Soooo ... you could buy an STR, make some decent cash flow on it, watch it appreciate in this crazy market and also have a place to stay if you want to vacation in the Denver area.

It was sent to me by a wholesaler and the charming curb appeal got me.  

The charming neighborhood and pride of ownership was evident immediately as we drove around.

Believe me - it works like a charm.

Believe me - it works like a charm.

You may need a sprinkler system, new water lines (1 for domestic, 1 for fire suppression), new sewer line, fire alarm system, etc.

I’m curious to know if any areas have suppressed values.

As newbies, we were not prepared for the significant work required to the fire suppression system, fire doors and other deferred maintenance issues.

Rates have been suppressed for a considerable time, the mechanisms to do so coil up like a spring and at a point have so much tension that it can't really compress any further, that's where we are today. 

I funded my first BRRR using a HELOC and it worked like a charm!