I’m trying to buy a second multi family.

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

Where you pick will depend on your goals for cash flow and your budget to buy.

The majority of the business I do is buying small multi families and identifying the towns that are more favorable for investing. 

@Travis TimmonsI had the same reaction as you did, but I held off on posting since I don't yet invest in STRs (I'm all LTR so far, and looking into my first MTR).Buying an STR "to offset income" makes me nervous as well...

The property is in the Jade District if anyone has particular insight on the area.4) I have some contacts for real estate agents, but I feel like they're better suited to assisting buying and selling SFR. 

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

I'll buy the fuel if you'll take me up!

First thing is to decide if you want to flip or buy/hold.

@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"