I took a 5 minute video of a long-term unit and put it on YouTube, that saved a ton of time for Denver local prospective tenants!

The definition of poor initial cash flow has changed with time.  

Permitting does take quite some time but you should factor this into your underwriting.

Would love to hear thoughts from experienced investors—does this approach make sense for a first-time real estate deal?

To be blunt, this loan product can be very time-consuming and nuanced.

They reside in a world where Allstate keeps the training wheels on at all times.

Spending a healthy % for a reliable company can make your life easier and lead to more growth as you free up your time.

With your organizational skills and people skills, you will put together a team in no time.

If some of you have tools that will make me gain some time or know some "friendly cities", I am all ears.ThanksMoshe

Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.