@Austin Green Franklin is a lovely little town in a fantastic area. 

You'll also want to pick your unit size based on the part of town you invest in. 

I'm contacted by another landlord in the same town who needs help with a problematic tenant.

I think with your track record you should explore lender options and see if you can find one that will help you scale efficiently by offering several active loans at once!

Very cool thank you for the post.I have thought about a laundry mat with 3 apartments on top in my town, I even know the lot I want to put it on. 

Since multifamily properties in your area don’t pencil out, exploring out-of-state cash-flowing rentals or mid-term rentals (such as renting to traveling nurses or professionals) may be better alternatives.

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

To improve your approval chances, use rental income from your first property, consider co-signers, and explore lenders that use Income-Based Repayment (IBR) for student loans.

@Ike Okwerekwu Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I have heard the summer time season peak is not as large as the winter time but I would still think you would get travelers looking to explore the Colorado Mountains in the summer.