In fact the demand is stronger than I've ever seen it, though prices are high.

This could significantly increase the sale price and net profit after selling.Pros of Selling: Immediate large cash flow that could be reinvested elsewhere (stocks, other real estate).

There are some strategies to make the numbers work in Denver, but in general, you are correct that prices make it challenging, if not impossible to make the numbers work.

You get what you pay for, and a great contractor makes sure the value matches the price.6.

Do you have a price point you're targeting and are you looking for turn-key properties or something along the lines of a "fixer upper"?

My goal is to buy one rental per year with price between 150k-250k for the next ten years (if i get to keep my job). 

We anticipate we'll pay approximately 2.25% of the purchase price.

Purchase price: $190,000 Cash invested: $34,000 Triplex, ranch style.

OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.

You mentioned price, are you too high?