@Heather Szucs - There are plenty of flip opportunities in the Denver Metro area depending on the size of project you are comfortable with.

My head is all over the place and I would feel more comfortable doing this as a JV being that it will be my first.

The last tenants at one of my SFH rentals were comfortable securing the property remotely based on the photos and video tour, signed the lease electronically, and sent all move in funds to me electronically before they moved to the area.

Get out of your comfort zone.

I'm looking for advice on how to feel more comfortable pulling the trigger on my first out of state rental property.

For people that want more opportunity in their lives what comforts can they trade, what calculated risks can they take today for that opportunity/wealth in the future? 

At 599 total heated square feet, the small tiny home will feature an open driveway, 3 bedrooms, 2 bathrooms, kitchen, living and dining combo, all electric, with a full size washer and dryer.

Also, very important to consider whether your cleaning team is comfortable with maintaining the hot tub and balancing the PH between each guest.Our cleaning team empties, cleans and refills the water between each stay.

Another option is rental arbitrage, where someone trustworthy rents from you and handles it as an STR, paying you a fixed monthly rent.In the end, it depends on what you’re comfortable with and your financial goals.

This lack of sophistication with money leads many to avoid using credit at all and just continuing to operate within their comfort zone.