I think you will learn a lot from it; Is This the Most Beginner-Friendly Way to Start Investing?

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.

If experience is your concern, you can easily partner up with another experienced investor in your area to help balance the risk out. 

Immediate attention to tenant problems, concerns, and repairs. 5.

However, and I don't know anything about AirBnB in Denver, but my biggest concern for this project is the ability to consistently rent the basement for $1,800. 

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Happy to answer any questions or concerns. 

The other thing that concerns me is you mention that you are both high income earners but that you are “trying” to save an emergency fund.

So when we did not receive any response to our emails for several days, this naturally triggers concerns and emotions.