Your strategy of partnering for the down payment is exactly what I’m working toward—leveraging relationships to make things happen.

You’ve given me a lot to think about, especially regarding refining my ideal PML strategy.

Whatever you buy you likely won’t keep it down the line as you better define your investment strategy, so my advice is to pick an asset that’s going to teach you the most in the quickest amount of time.

. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.

You will always have to be an asset manager of your property manager as your property manager is not a mind reader for your investment strategy decisions. 

This is often more difficult to find but one strategy would be to talk with STR investors who are active in the market there. 

Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.

, but I stumbled on it while Googling strategies for short-term rentals in Denver.

I’d love to hear about your strategy and how you approach due diligence when expanding to new markets.

They are better suited for other exit strategies.