Its a difficult and costly process, but usually lead to high returns if done correctly.Im in Central FL, so this is from my experience.

I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

I didnt even mention land costs , and the cost of the construction itself , and commissions . 

I am worried that my property expenses will leave me in the red because of the current costly housing market.

This will help you get familiar with the process of buying and managing with limited risk.

Hi @John Arena, It sounds like you're experiencing some common challenges with property management that might warrant exploring other options.

House hacking is a great way to learn to be a homeowner and a property manager all in one.

There will be realtor's fees and closing costs.

My biggest mistake was underestimating the cost of renovating a home and the amount of time it would take me to do it myself.

On top of this, many homes in the Denver area do not cash flow well due to rising property costs.