If you can get a net of $100+ a unit using all the math the above guys suggested- and are comfortable that 80% vacancy rate covers your nut- In my mind there is no reason not to go for it  especially if there is an upside on raising rents when you have to do a rent ready. 

If I had lower nut every month the first thing I'd do is lower prices to try to undercut my competitors.  

It will take a bit of hard work and some initial capital, but can be fruitful if you get good at it.

I hope your attempts are fruitful too.Thank you all for your input!

If there are any builders that would love to show me the ropes and enjoy the fruit of their labor in a year or two once I'm doing these deals, please reply and lets set something up!

There is a wealth of great info here on BP.And you're right, our Denver market is pretty nuts right now.

The MLS usually has lame deals,  marketing campaigns take a while to bare fruit, chasing leads is well chasing leads.  

I want to know the nuts and bolts of how to find my own deal, finding financing, making the purchase, rehabbing, flipping, property management, etc. all the way to being an investor/lender.

@Isaac Ramos this is a tough nut to crack.  

Even a blind squirrel finds a nut.