I'm a real estate newbie who is considering getting into real estate investing as an additional stream of income.

It sucks.But That's why having multiple streams of income is imperative to your survival and future and that's why I'm obsessed with buying income-producing rental properties and house hacking 4-plex's They're an asset and pay me monthly. does anybody else have any shocking or scary stories but real estate saved the day financially??

That much money would change my life, allow me to possibly attend one of those courses where "for an additional amount of money" they help set up your LLC and give you access to their stream of lenders, etc.

There has been new commercial spaces, restaurants and the movies renovated not too long ago.

We get a tenant in place, paying  rent, which creates a small stream of income.  

These is a wealth of knowledge in the Denver house hacking community and, even better, everyone is eager to share what they have learned- the good, the bad, and the ugly :)If you are wanting to HH and use Airbnb as your main stream of rental income, start focusing on the Wheat Ridge and Arvada areas.

Internet and cable could easily be $200-300 unless the HOA has contract pricing and internet is a big issue especially with gaming and streaming, so you have to have great service.Hope this helps.

Ability to add other income streams like coin laundry, covered parking, storage, etc.

I have spent hours on and off the clock showering the MLS, using prop stream, contacting agents, wholesalers, divorce attorneys, property managers, etc.

But I'm commission-only, and love the idea of creating a passive stream of income "just in case" and eventually paying off all debt and retiring at a ripe old age with $20,000/month of pure cash flow and 0 mortgages.