I'm investing in fix/hold rentals because I like 4 profit components:a) cash flow on monthly rental exceeding all expenses (although only around 0.8% to 1.0% of purchase price in my targeted A/B class rentals b) tenants pay down the mortgage over 30 years....significant equity growth.c) I renovate them and add value....the fixer-upper margin is niced) Denver has been appreciating at something like 10%/yr.All above are tax-advantaged, and tax-deferred.You'll find on BP that "cash flow" rental investors are really keen to maximize/emphasize "A" only....seek 2% in OH, etc.

I can't emphasize this enough.  

A lot of the financial podcasts I listen to (particularly Stacking Benjamins) emphasize this mindset. 

Hey Bill, I was reading this article and it emphasized on the relinquished value of the other properties being of same or over the value of the exchanging property. 

I cant emphasize enough how helpful it will be to have a regular job with W-2 income to help you get that first property or two. 

To emphasize what @Jay Hinrichs said--and yes I'm exaggerating but trying to drive a point home--you basically need a permit to breathe in this city. :) Do contractors (and homeowners) do construction work on their home without them?

Are things like location and walkability more important or do they emphasize square footage, bedroom and bathroom number, etc more?

Are things like location and walkability more important or do they emphasize square footage, bedroom and bathroom number, etc more?

I just want to emphasize how incredible this community is. 

It seems they never emphasize a due diligence step that is important to me.