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I have a few friends that do MTRs in the Denver area and they are doing well. 

While I know this isn't a lot in today's market, I believe there are creative ways to make it work.I’m a former foster child who was declared independent as a teen, so I've been living with close friends that I consider family.

make friends. 

Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core. 

(You won't make any friends. 

We have rented the long term unit to family friends for over a year and the bills were always reasonable.

Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.

I've lost friends and family to substance abuse so it seemed like an opportunity to do some good and make money in the process.I negotiated a sweet deal, and was prepared to buy it myself, but a few of my clients expressed interest and I ended up helping two of them form a partnership.

Quote from @Gregory Schwartz: I have 2 very close friends who grew well beyond 2 rentals with this strategy.