Hi all,Long time reader but I haven't had anything to really post about but now I'm thinking about moving forward more into real estate outside of just owning a property to live in.I currently own half of a duplex tha...

You will have to go out and visit your properties even if you have good management and those costs can really take a chunk out of your cashflow when it's just a property or two.Yes Denver is tough right now, but you might consider another condo (maybe turn your current one into a full rental and do another owner occupied loan to keep your out of pocket costs down) A house with an accessory unit that you could rent out might be practical.

Hi Max, One thing you could consider is buying a SFH and adding an accessory dwelling unit to the back of it.

Possibly upgrade on the bathroom sink and cabinet accessories.

This will have less competition from normal home owners and flippers because it just won't command top dollar if it's next to an apartment complex already.Buy a single family home with an ADU (accessory dwelling unit) and rent it out for short-term rentals on AirBnB (or similar).

Also, I am wondering why, assuming you will live in one half of the Duplex, if you considered getting an Accessory License to do an STR (vacation rental).

There are never enough clean rentals in the area, and you can also build an Accessory Dwelling Unit on almost any lot which will also provide you with additional income.

To subdivide down to the minimum 1.5 acres or keep it to 3-5 acre properties and go with a higher end single family builds with detached garage above accessory dwellings.

The neighboring buildings house a sheet metal fabrication shop and a truck accessory business.Given the factory/manufacturing character of the neighborhood, the opportunity for a normal tenant seems nil.

Try to find couches, chairs, barstools, rugs, towels, accessories that will fit most styles of homes (whites, beiges, etc).