Storage 3Unit Number: 158Size of Land: 1.3acreLocation: close to home, can actually manage from time to timePopulation: about 38K within 3 milesPopulation Growth: NeutralRent at 100%: don’t have exact layout but nearby 5x5 is $25, 5x10 is $45, 10x10 is $65Projected NOI: guessing 100K to 120K?

Not sure what your budget is, but if you’re looking for an affordable place to get started in and don’t mind a little cash flow, Chattanooga may be worth a look—I definitely second what @Tim Ryan is saying about the city.If you’re willing to venture into nearby states, there are plenty of similarly affordable markets in Alabama, Georgia, and the rest of the Sunbelt as well.

Investing in properties outside Miami Beach or nearby cities with lower taxes and better cash flow potential is also recommended.Good luck!

I am dying to find a quadplex in a nearby neighborhood.

Those occupancy rates sound compelling and with a hospital nearby it seems likely that there would be demand.

@David S RobertsI'd venture to say those nearby properties are just ignoring the law.Most cities and counties in Colorado have well-defined STR requirements, and if you meet those, then you can operate a vacation rental. 

I was mentioning bitcoing mining, where the solar company who is leasing your property would have an outlet to sell the power without a substation nearby. 

I self manage my own rentals and I also operate a management company assisting other investors nearby. 

Sounds like someone with a W2 in engineering with a 401k a paid off primary and 1-2 rental houses nearby.

She did not pay her first month due before housing kicked in.we will be sending her non renewal of lease and good chance she will not move and she plays I do not have money to move out (coz her sibling stays nearby). hence we foresee eviction down the line.what would be a good solid reason to do paperwork for eviction notice.