If I am hearing you correctly, you are suggesting that I focus on the long term instead of short term cash flow. 

Everyone is telling me that the majority of the time they dont take the LTO to term.

I do have some investment experience and I'm currently managing 1 property, all the numbers are great and there's a good amount of cash flow and long term growth so I'm not a total green horn. 

But it doesn't seem to be riskier and more doomed to fail than BRRRR and other types of long term holding/land lording.  

@Brad Tullif you're buying entirely with borrowed money it will be extremely difficult to be profitable even in the long term. 

These areas could all be excellent long-term plays.

@Lexi Blocksom If the burden of holding the property outweighs the long-term gains, a 1031 exchange allows you to defer all taxes, and you won’t have to recapture depreciation.This option enables you to use the deferred tax benefits to purchase nicer properties in areas with greater growth potential.Once you complete your exchange, you can immediately do a cash-out refinance if you need access to some cash, tax-free.

It's not going to play out exactly like you hopedIf you have that mindset, not only will you have realistic expectations, but you'll create success over the long term.

Ensuring your rental market can sustain these costs will help maintain profitability over time.The 7% DSCR loan is relatively high, and refinancing later at a lower rate could improve your long-term cash flow.

@Ben SyzekFor long term rentals in Colorado Springs you will need to find a deal at 50% ARV (This is very hard) or do a large down payment of 25-35%.