I could see folks doing new builds if they have 1031 money they need to place somewhere and they are putting 30%+ down however.Way too much sunshine in this thread about the current market conditions here in Huntsville and Madison right now. 

My name is Shelly, and I’m excited to be part of this forum.

If you want to be active, you will get a lot of good advice on this Forum about what market to invest in and what type of active property. 

What made you interested in investing in this type of deal?

@Shiloh Lundahl,At this point, the amount of time you're putting into this is making me laugh. 

This will get you 90% of the way there and should be sufficient.It works the same in a saturated area, it's just more to sort through.You are aware that STRs in Denver are allowed only in certain zones and you must live onsite?

However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.

That being said my residential rental will have a positive cash flow of $500 and I plan to rent out this other side of the duplex immediately and will have a balance of 600 to cover for the mortgage.

Can this be done inside a solo k while also using funds from inside the same solo to do rehab?

This would allow you to access some cash for other purposes ( Tax Free) because a refinance is not a taxable event.