And every five dollars, every ten dollars, would make a difference.Isn't it ironic that a forum thread like this makes an appearance on V-E day, the day the Nazis surrendered?

I don't know about the 30%-40% down that seems odd, but from what you described that is what it appears happened.

My question is if it's always better to purchase properties in cheaper market where it takes less capital and the rent to price percentage is easier to get above 1% or if it's worth investing in a city like Denver where it's very hard to get the rent/price ratio over 1% but the cost of the real estate increases much quicker than it does in other less desirable places to live?

TenantCloud and Cozy are both free solutions for managing the rental books and are probably easier to maintain compared to email. 

Also, can you and should you just transfer all of your funds into one bank account to make it easier for the banks to verify your cash? 

One roof is easier to manage than a dozen or so separate roofs.

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I’ve worked in a couple sales positions before but when I realized being a waiter is one of the few positions where the hours can be nights and weekends I got a job as a waiter here in NJ so that should make it easier to find a similar job in CO.

What should I do as my lack of credit history appears to be a problem with whichever lender I go to?

I think the smallest bedroom is about 75-80 sq ft. as I have been saying there is economically obsolete  ( many of these older homes that need more work than what they are worth on a resale basis) and functionally ( it appears building the cheapest home to the very minimum UBC code is a prime example.I had a rental up in Kokomo I dealt with that heat was too much in the winter and the tenant said either lower or NO rent or I have to move .