You have come to the right place to explore different ways to generate passive income.

Are you exploring a conventional loan or a loan specifically designed for rentals?

I have heard the summer time season peak is not as large as the winter time but I would still think you would get travelers looking to explore the Colorado Mountains in the summer. 

Crowdfunding platforms tailored to hospitality investments might be another avenue to explore.

Currently exploring investing in South-East Spain (Almeria) for STR.From what I read as US-resident, it's much more advantageous to invest via a Spanish SL (able to deduct costs in the tax + less transfer tax in the purchase). 

It will give you a 30,000 feet view of real estate investing as a whole for different strategies and will allow you to find new ideas and to explore and see what works for you!

Now, it’s time to explore the various methods of investing.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

You could explore a private note sale but without hard collateral it could be difficult and would come with a discounted buy out.

Explore Potential Funding OptionsPrivate Money Lenders (PMLs): Reach out to private individuals looking to invest in real estate.