Your goal is to understand the situation fully so that you can make a wise decision about whether to continue doing business with them.I often see folks fire people for a single mistake which is a tough way to operate.

If I had at least a 10 year timeline, I would personally bet on more appreciation for Pueblo West than Colorado Springs.

I think the best strategy is to get your foot in the door with the least amount of risk on the first deal, which could be a turkey single-family or, depending on the area, a duplex.This way you can start building those relationships you need and figuring out the systems you will use at scale. 

I was able to comp single bedrooms at $1k per month with shared bath and $1,800 per month with separate bath. 

Buying a single family home or duplex and renting it out is a great start.

You don't want to start a relationship to learn about storage units and then find out they only invest in single-family homes.3.

A mom & pop with a beloved local business or a franchiser with just a few of a hot new concept are probably better bets and cheaper too.

Your best bet will be to focus on counties or cities 1 hour away from the metro areas.Reach out!

The folks telling you a high-yield savings account is your best bet simply aren't real estate investors.They are people that purchased rent-ready homes from the MLS when interest rates were basically zero and thought that's how things are done.Maryam, I know you've looked at Detroit a bit and we've had a couple messages about that market.

Perhaps you should consider a single condo deal first.