I've been watching Zillow and the closest comp I've seen come available for rent was listed at $1,150 and $1,250, but I feel that manager underpriced the market as they were rented out within 72 hours.

If you don’t need the money and your looking at a more professional setting and get the best to closest market value then hire a RE agent.

To give an example: If I gave you a steak and said cook this, you would have several different methods to choose from.

It's like Friday night at your college bar ... one in, one out.You're right, Wheat Ridge's district 1 -- not surprisingly the district closest to Denver -- has reached its cap of STR licenses.

From the properties listed look at the ones that within the closest distance that have a similar structure (cottage vs brick, one story vs two, etc).

The corp also pays for a nice steak dinner at least once a month for meetings to discuss company business and also talk business with other investors.

As they put more in, you give a bonus for a job done better than usually expected, that's a paycheck time.At the end of a day, before a project is completed, pull up in the afternoon, unlaod the grill, get the ice chest out with potato salad and beans and throw a steak on for each of them and of course the cooler has thier favorite beverage.

The closest was -$600/mo. 

The closest after rehab solds are in the 200s. 

The natural trend in RE cycles is that the stuff in and closest to Boston gets too hot and many investors get priced out, so they look north and south.