That’s a great approach—sometimes slow and steady is the best way to go, especially when it comes to managing costs and avoiding unnecessary debt.

With the right tools and a bit of hands-on management, you could effectively manage the property yourself and cater to this steady stream of potential tenants.

I know how busy this will be, which is why ideally once we have 3-4 properties, the maintenance of the website, advertising, and property management will become my full time job (my wife will continue to work to provide some steady income during the transition)For your 4 questions - those are all excellent things to look out for and they are things I would not have thought to ask.

Our state guidelines say we must maintain a temperature of 65 degrees.

Steadily or Steady?

I have been buying properties in Colorado Springs over the last 2 years and expect this market to continue its steady growth for decades to come! 

STRs depend on seasonal demand and can have more frequent vacancies, while LTRs provide steady, predictable cash flow with longer leases.

With simpler management, you’d have less risk and steady cash flow.

Slow and steady.

This steady income has become a reliable part of my investment portfolio, demonstrating the financial benefits of a well-executed real estate strategy.Reflection:Looking back, this investment has been a rewarding journey of vision, effort, and strategic planning.