In certain Colorado markets, especially near popular tourist spots or cities like Colorado Springs & Old Colorado City, STRs have the potential to bring in higher monthly revenue, even if they require more management.

They epitomize the abundance mindset by sharing their knowledge, throwing the rope down to you and pushing you towards success.Spending money on a mentorship program, especially in the BP community, isn’t always the most popular idea.

Other than perhaps property taxes, turnover is generally the biggest single operating expense you will endure as a buy-and-hold real estate investor.

@Osvaldo GuerraAustin, TX, is a popular destination for small multifamily properties due to its booming economy, strong rental markets, and family-friendly environments.

You are in a popular group that thinks you need to own 100%. 

That said, it can be done and done successfully if you plan in advance, build your team (contractors, subs, back ups, lenders, credit with suppliers, escrow/title, real estate attorney, mentor, etc.) get educated on finding (marketing) for deals, rehab costs, locations, market data (like crime rates, school ratings, population growth, job growth, etc), specific market insights like what is most popular and sells for the most in your area, etc

Popular neighborhoods include Lakewood and Casa View, but larger multifamily properties can be expensive.

Overall, it's a great idea/theory, but execution has gotten much more difficult between regulation and market saturation in some more popular areas.

Worcester, Massachusetts' second-largest city, is popular due to lower entry prices and strong rental demand.

Apparently the GP/fund struck an agreement with a local town earlier this year to build a campground in a popular trailed area owned by the town.