We were in WAY over our heads and the contractor was of no help.

We're definitely headed in the right direction.  

That's where this is headed if you think the answer is let's undercut peoples pay more and more.

It makes the whole process that much smoother.Once you have gotten set up and discussed your goals with your lender and your Realtor has given you the rundown of strategies here in the Denver market, it will be easy to identify where you are heading.

@Jay Hinrichsi wish I could like this post 100xHit the nail on the head with all these guru training courses.

Hit the nail on the head I am in total agreement.

I cannot overstate the importance of finding a way to build a good rapport with your tenants as early on in the acquisition process as possible, as it will minimize or prevent countless headaches further down the road.When I took over my duplex with an inherited resident in one of the units, I had this conversation with the tenant prior to closing and found out that the toilet in their bathroom was clogging once or twice a week, and their shower head water pressure was super weak. 

I am hoping to get a head start on my REI journey before I graduate.

But the second there are issues, it's damn near impossible to get information/assistance from them.Funny, I have 1 in 38127 and thought I head heard that was the worst area...almost like the problem isn't the zip code!

Most of the new lease ups are offering and will continue to offer the best incentives to locators since they need to put heads in beds so to speak.