Cincinnati and Birmingham tied for second place with a decline of 0.2%.The decline bucked a national trend where rents increased in 47 of the 50 largest metro areas in January compared to the same month last year, according to Zillow.The typical January rent in the Denver region was $1,918, a 0.8% decrease from January 2024.Multifamily rents experienced a larger decline than single-family rental properties, with Denver once again recording the largest drop in the nation at 0.5% in January, tying with Cincinnati.Read the rest of this story at the Denver Business Journal.

Be careful when you start thinking other sales will equate to the same numbers for your property. 

Most building codes and HUD standards require bedrooms to have windows for egress and ventilation.

Quote from @Chris Seveney: Quote from @Jeffrey Farkas: I bought a property in a foreclosure auction.

Both properties are in A areas with great tenants. 

I want my properties rented out right away vs sitting vacant for a month or two.

I can do the parade of horribles for a personally owned rental property but suffice it to say that it is a long and robust parade and the horribles are horrible.

You may get better results by purchasing a duplex, triplex, or fourplex.Here's a guide that describes what good cash flow looks like and how to analyze a property.

I was going to ask if you considered renting the property until the market picked back up.

With the down payment you're putting down (assuming it's at best 25%) with current interest rates, you're maybe going to be scraping a couple of backs cash flow on a Class C+ property.