A few grand.

National Parks are mentioned above - everyone knows the Smokies, Yosemite, Yellowstone, Zion, Grand Canyon, but have you heard of New River Gorge, Mammoth Cave, Pictured Rocks National Lakeshore, or other lesser known but very well visited national park sites?

Grand total was 16k. the guys did it in two days.

., I was told there is a meetup at La Boulangerie 2324 Grand Canal Blvd # 1 · Stockton, CA.

Other lower barrier markets like Grand Rapids, Cheyenne, Rochester, maybe some other midwest markets. 

@Kiersten Vogt - what did that cost, a couple of grand??

. -- Grand County, where Grand Lake is (also Winter Park), allows for vacation rentals pretty much unabated. -- Routt County, where Steamboat Springs is, has totally banned them.-- A little further south from you, the counties and cities around Denver are a little tougher on short-term rentals. -- Clear Creek County and Gilpin County both have caps on the number of Airbnbs and have met those caps. -- Jefferson County technically allows them but a county board has discretion over renewals, and I know of people being denied for what seem like arbitrary reasons.-- A little further from you, Park County is a great option.

Some of the expansion is on the fringes of the metro, like Casa Grande, but the demand will be there. 

I don’t need any more houses, but if I can use equity in one to buy a few more with no out of pocket cash and make a couple grand more per month in cash flow when it’s all said and done, I’ll consider it.

LP is 280,000, ARV is 425,000ish and renovation is about 75 ~ 80 grands (+20 grands for closing cost, first year taxes, reserve etc).