I'm up in Fort Collins and the rental numbers are definitely tight.

Quote from @Collin H.: Christopher, excellent questions. 

I am not an expert, and I am just starting in real estate, but from other experiences I have had, that piece of advice will ensure you enjoy successes, but more importantly, that you will learn from and overcome your mistakes.That being said, something to consider about Colorado is the number of smaller towns that support cities like Colorado Springs, Denver, or Fort Collins.

Quote from @Brandon Collins: You currently make at least twice the median income for a family in Tampa, but you only have $55k saved up.I would consider cutting your expenses, saving money, and investing in real estate.

I live in Colorado Springs, CO but also travel north to Fort Collins and everywhere in between.

Quote from @Collin H.: I would tell both the guest and Airbnb that you are a host, not an insurer.  

Collin H. offereced some insight here if you haven't seen it:   https://www.biggerpockets.com/... 

@Collin BlackburnGreat info to add!  

Thanks Collin!

It's almost been 1 year since I bought my first property that I've been house hacking here in Fort Collins, CO and I'm planning on buying another one in a couple months, but I am wondering how to keep track of business expenses in an efficient way.