I currently own one STR in the mountains outside of Denver and am looking to purchase additional investment properties.  

Seems like every politician screams from the top of every mountain top "WE WANT AFFORDABLE HOUSING"  and then declare, NO!

.- Mountain views- Onsite fishing/waterfront- Game room/arcade- Wood burning fireplace- Access to pool/swimming- Hot tub- Outdoor firepitIf you have a great mountain view or are waterfront, you are definitely starting out on 2nd base.  

NJ has top golf and I been there.Top golf is very strictly entertainment purpose. you are not allow to bring your club, they charge by hourly and have to order foods and drinks as well. while it is fun to enjoy, it doesn't provide friendly atmosphere for golf enthusiast to practice their golf swing and games. 

Once you clear the 2-yr mark of living there yourselves, you can likely use the full $500k.Disclaimer: I said likely, because there could be a mountain of complications, as well as some different opinions from my peers.

After my new tenant's psycho hoarder wife destroyed my property, smashing all the windows and bringing mountains of trash back to the property, I finally got possession last Wednesday.

I will still go and hope the weather man screwed up some. and in the mountains of the west you know how changeable the weather can be.. :)  If there was a motel/hotel there I would have booked that with the cancellation policy  and probably post poned this trip a week.

Here are a few areas to consider:- Midlothian: Known for its good schools and community atmosphere.

This is why $400k for a 2 bedroom on a mountain in Sevier County is realistic.

I am taking what was once an industrial warehouse and converting into a quadruplex on signal mountain.