But it's also mildly higher maintenance. 

You'll have depreciation shielding your passive income, so that's a 35% savings on your marginal income. however if you flip you'll be subject to higher tax rate - so you'll have to figure out what strategy works best for you.

I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).

Even the slumlord guy does the tenant screening and higher level stuff himself. 

In fact, the median sales price of a single-family home in the Austin metro is about 47% higher than it was at the start of 2020.

Just make sure you account for Denver’s higher property taxes, insurance costs, and the ever changing landlord regulations when running your numbers.Feel free to ask more questions about the area or strategies—I’ve helped clients with similar goals and have personally done house hacks and short-term rentals around Boulder and Denver.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

In an ideal world, we'd look to get both, but with today's higher interest rates and rising home values, it seems harder for deals to cash flow. 

More people see your property, the higher likely hood of securing a tenant in a quick amount of time (all things equal).

Those who couldn't rehab in time are now stuck with higher rates / rate cap insurance.