Golden only allows them if the owner resides in the property at least 10 months out of the year (and also has had a long-standing rivalry with Denver ;), and in Evergreen (also a distinct town, but perhaps the closest to "West Denver" on the list) STR's are technically allowed but it's become difficult to get a permit (you have to seek approval of a Special Exemption from the Board of Adjustment, then you can apply for a Short Term Rental Permit from the Planning and Zoning Division and the property must be a minimum of one (1) acre in size, the building standards of the underlying zone district must be met, adequate parking must be provided, defensible space requirements must be met, valid water and sanitation must be demonstrated, no more than five bedrooms in the dwelling).

So any investment has to stand on it's own for the yield it creates.For instance I looked at owning a Steak N Shake restaurant.

@Zachary Michel if you're looking for something truly passive, purchasing notes is the closest you'll get.

I'm putting most of my focus on Palm Harbor right now since it's the closest and shows alot of promise for future growth.

In Long Beach, the closest I found that numbers work, ROI, with some cash-flow and equity are the condos 1br/1ba... and that is why i just focus on that right now, finishing-up this condo next week... yeahhhh!  

(and had a portal for all custumers to submit their food loss)  When I added up all my receipts for my steaks and groceries that spoiled it was about 250... so yeah, 1,500 is crazy.

CAP rates will be low as they are in any high demand area but because that part of the Vegas Valley is closest to California, that's where we are seeing a TON of expansion and growth.

Sounds like more uninformed bloggers giving advice about topics they have little knowledge of...I always love how investors always want someone to be responsible for the downside of their investments but when asked about how they would share the upside you get crickets...About the closest you will find on covering eviction costs comes in the form of eviction protection programs where for a fee the PM will cover all/partial costs.

Not how great you are or how you have a catchy name....Also work on getting them google reviews.. we have over 380 reviews and the closest has about 55.. big difference for that zero moment when they are scrolling on googleJust my opinion being an investor and property manager myself

The closest we could get to making it work would be 20% but that makes this property unattainable as a solo purchaser.