I'm absolutely thrilled at the opportunities so I want to be sure to enter the partnerships on the right foot!

I wouldn't gamble too much on appreciation here though because it's historically so low and it's speculative of course.

It seems like it is a gamble on what rates will do in the future and if you will be able to qualify for a loan when it comes time to refinance.

There are ways around it though; if you live in a house you buy for at least 2 years, (and this can be a multiplex, so you could rent out the other apartments) then any profit made from selling the house is not subject to capital gains tax.The hardest part to this particular process, and honestly the boat I'm in at the moment, is getting started due to lack of overhead cash.There are also the risks of the house going unsold or unrented, but that's why you don't gamble with all the money you have in the bank.

@Ashraf Martin it's a gamble on whether it's worth it or not.

In my area buying at auction is somewhat a gamble.

If they refuse, you will sue for everything owed and send them to collections so it sits on their record.It's a gamble but it works most of the time.

It was my first time posting on this forum and I’m so thrilled that I received such a professional advice!

Not because they are both forms of gambling. 

Personally, I'm thrilled to ride the wave of growth that Denver will see over the coming decades.