You could read 100 books and still not know enough because certain things must be learned through trial and error.

So there's a lot of variation within Colorado, with Denver being one of the least landlord-friendly cities despite being in one of the most landlord-friendly states (but still a great place to invest). 

And now you know the trials and tribulations of RENT BY THE ROOM.

A company called Asset Preservations bought the Right of Redemption from the foreclosure owner and is now trying to redeem it from us and refused to pay more than 100k during mediation and we have a trial set for July 29th. 

Then tenant is 5 months behind on rent and i have a trial date coming up in 10 days.

I'd suggest a long conversation with someone actually doing these types of investing, (there are actually variations), in which a forum conversation leaves out, a lot you need to know. 

I've been doing 3-6 "trial leases" for new tenants and they can extend after; however, I have a W2 sales job that takes a lot of my time.

You could read 100 books and still not know enough because certain things must be learned through trial and error.

It's a mix of things, takes trial and error along with time chatting/networking

Hi Adelaide,For STR - you are going to get most of your business from all the sports events -- racing - Indy 500, football -Colts, NBA - Pacers, WNBA - Fever (Caitlyn Clark), We just hosted the Olympics swim trials, other events include Big Ten Championships, NCAA tournaments (NCAA headquarters here), and the Combine (recruitment for NFL).We also have a pretty busy convention center -- not huge like Vegas or Orlando, but it is solidly booked year round with events like ComiCon, GenCon, Firefighters Association, Future Farmers of America, Candy Expo, and various others.For MTR, you are looking mostly at traveling nurses and medical personnel, you also may get contract workers for the larger corporations like Lilly, Sales Force, or Rolls Royce.Happy to hop on a call and discuss further.