Not to mention trying to do this from a distance.  

W of I-25, as close to the mountains as possible will be easier to find tenants generally speaking (also think of the commute into Denver), and the spring will be the easiest time of year.

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

Can a long-distance investor be considered materially participating in their STR property?  

If the property is on a boundary or near the edge of a neighborhood you may need to pull the comps within a mile and then pick out the ones in the same neighborhood as the subject property within a reasonable distance.

Revenue potential for cost and potential STR regulations will be prioritized over a long distance value add.  

This week in my rat race commute I started listening to audio books about investing.

If military tenants are more your speed, you’ll want to ensure your properties are an easy commute to the military base. 

These areas are more affordable and still within driving distance so you can visit and oversee renovations easily.My best tip for BRRRR as a beginner is to build a solid team—make sure you have a reliable contractor, property manager, and lender who understand the strategy. 

If you’re looking to invest long distance, I definitely recommend building your core-4 team.