Your property management should send you pretty clear reports at the end of the year so as to obviate your need for such.If you have more than 3 units and self manage I suggest software - especially if you are considering expanding.I find Stessa usefulI also use buildium but not incredibly thrilled with it.  

The downside to this approach is that it can be time consuming and tedious to find exactly what you’re looking for.

I’m curious about the pros and cons you’ve found with each approach, especially here in Colorado.

This approach allows for continuous growth and wealth accumulation.

This approach can turn challenges into opportunities.Good luck!

Have there been subtle approaches that worked for you?

I like @Dave DeMarco approach of staggering in every few weeks, but right now the space seems more like trading than long term investing, at least with any meaningful amount of money.

You have a very good balanced approach to getting started and it's great you are prepping for the future.

Both approaches can be effective, but they come with different sets of considerations.Turnkey properties are often a safer choice, especially for those just starting out.

There are a lot of groups out there right now that had made-for-TV track records that will likely not be in business in a couple years.Focus on the experience of the team, how long they have been in the business, how many market cycles they’ve survived, their philosophy on leverage, and how many properties they bought in 2022/2023 (a good answer would be few, a great answer would be none).And do yourself a favor and read The Hands-Off Investor (in the BP bookstore) before you invest a single dollar in a syndication. this was incredibly helpful, thank you Brian.