However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

Of course, all channels can work.. from seller financing to foreclosures.. but from my 30+ years in real estate, I’ve found focusing on cash flow analysis tends to pay off more reliably.So here’s the big question that might help steer your next steps.. what do you think would make landlording less stressful for you.. a property manager, or maybe a smaller property until you get more comfortable?

Depending on comfort and cash, it might be a viable option as you can build equity and then sell without having capital gains, assuming it's your primary residence and you've lived there for 2 years.

It will include a compact bathroom, a tiny kitchen area, and a heater—just the essentials to make it comfortable for someone to stay in.

Whether that's mobile home parks or any other kind of commercially valuated endeavor is a matter of personal comfort and preference.

About 2012-2013 I was in your same shoes.

The diligence, patience, and comfort will give you the confidence to invest.

Risk/reward was not something I was comfortable with after looking at numbers and a few things not grandfathered in if a tenant left. 

Hi Sean, I wouldn't rush into anything that you are not comfortable with the numbers.  

That is comforting, if I'm an investor.I still feel good about investing in Colorado locations if the area has a law on the books actively allowing Airbnb.