We stopped using it because we realized we had missed out on opportunities where neighborhoods were on the verge of gentrification or there was an opportunity to invest in a project with potentially great returns and no change in the demographics.

@Breeya Johnson Austin has gone through numerous changes the past five years, both good and challenging.

You might want to limit your visits though to avoid escalation.Short term if the smart lock is on his personal door just change it to a key if it's isn't working for him, you can always switch back later.

CRAZY how life plays out, but buying this first property changed my life.

What kinds of changes are you looking for to NOT renew an existing tenant?

I began to see through everything, but because of my kind nature (that has since been changed) I felt obligated to continue trusting him, that it was a mistake.. that it would get better.

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.

@Corazon B. when we initially purchased the home it was under our name, but we have now gone through the process of changing it to be under the LLC.

I have changed my rental strategy to short-term rentals and co-living (rent by room) to allow for more cash flow. 

We then use this to compare actuals to throughout the year and normally do a reforecast at the end of Q1 as thing evolve and change.