A nearby intersection would help a lot.

The property I'm considering is near the intersection of E39th and Forest Manor Ave. 

There are some cash flow areas that look tempting, but definitely tight in areas where cash flow and appreciation potential try to intersect.

Be careful looking at comps, addresses can be misleading unless you're intimately familiar.  4th st is a good example, there are some great bars and restaurants near the intersection of Congress/Ferry and 4th, but half a block south starts to get sketchy, and even sketchier the further you go south.  

And also offer fair bit of appreciation just like the San Francisco bay area.What does everyone think about area around Laguna blvd and Franklin blvd intersection?  

Otherwise there can be no intersection between the plan and the company - since the company is a disqualified party to the plan.If you build up the plan, the plan can separately invest in real estate, but any such investments need to be executed at arms length, avoid your company and your lineal family, and your role must be purely administrative.  

Specifically the subdivisions on the West side of 75, around the intersections of Beltline/Waterview and Arapaho/Waterview. 

Morally I see that as corrupt and no better than a beggar on a street intersection.

Which cities and/or intersections do you recommend?

See link below.https://www.wmfe.org/intersection-regulating-vacation-rentals/91901