That's where good people live, and good people make good tenants.But before you put money down on a house, I would find a quality property manager.

A mentor ship program is how most people do it.

DM me if you would like to have a conversation and I can guide you to people I know in the community that could help.

Multiple people including myself have tried to caution him of the the true costs but he's been repeatedly dismissive and has made it clear we give him motivation and he wants to prove us all wrong (whatever that means). 

@Shayan Sameerif you are putting down 20% cash but borrowing 80% from a HELOC, i still think you won't cash flow.i also get nervous when people throw out entire states. 

Been in law enforcement for some time and while they do evolve over time, they will keep the same red flags in for long enough for people to figure them out and spot them. 

Fewer people can afford to buy when prices are high, increasing demand for rentals and driving up rents.

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

Even if it's just part time, the key to figuring out how PM is done well is by being present around people who have mastery of the industry. 

Furnished finder has some stats on people looking for furnished spaces in Denver that may help.