I understand ease of scale with 300+ unit towns of apts, but you may find an exodus of vacancy someday if oversupply and/or unemployment/migration rears their ugly heads @Joe Fairless  We're in a golden age of apartments right now...demographics are on our side.

Littleton, Lakewood, Arvada, Golden, etc.) will allow for an in-law suite. 

I've come to BP to ask for some advice on what best practice would dictate here: from my point of view, this is a golden opportunity for development, but residential is not my field and I'm not versed in what it would take to utilize a construction/rehab loan for this type of situation.Would be interested and appreciative to hear any advice on this, especially the pros/cons of using this as a development opportunity.Thanks!

@pauline golden that is what I love about TX.  

Hello All,Newbie investor here moving to the Golden area of Colorado in the next few weeks.

So with that question, I gather that I would need to find a private lender to finance the entire project (which is the golden unicorn) Or come up with the down payment via saving, wholesaling, or sweat equity.

Try to buy in upward trending markets and of course remember the golden rule of real estate investing: you make money when you BUY real estate!!!

Yep people try to chase the golden goose.People need to think about things.

Always remember the Golden Rule.

Factor in carrying costs that include monthly payments, delays, materials, interest, closing costs and other things that may happen and you're golden.