Thanks again for your valuable advice!

Especially if the condo can be a STR, an ocean view makes it more valuable...not to be a "butt head", but people can buy/rent and look at a parking lot anywhere for much less.If you think you've got a good agent, take their advice. 

Any community bank can give you guidance on expenses.You buy on Proforma, you borrow on actuals. 

Thank you so much for your valuable feedback!

As a new investor, I have reached out to several other investors looking for guidance, one of the best pieces of advice that I received was from another BP user.

I’m looking for guidance on what type of investment property I should be looking to buy, whether it be a multi-family, single family, or a house near the beach that can double as a beach house/student housing as there is a university nearby. 

Any other guidance or advice on strategy in the Denver market is appreciated!

Seeking partners who possess a keen understanding of local real estate dynamics and can offer valuable insights into promising investment opportunities.

Market is very important, but I think the 3% appreciation on a $300,000 house is more valuable than the annual cash flow if your strategy is long-term.

Hi all,I am hoping I can find some guidance here in this group.