I think that investing in Denver makes the most sense if one or more of the following are true:* You'll be local and able to handle lots of the work yourself to avoid negative cash flow on the properties* You plan to hold the property for a long time and are prepared for the possibility of a correction in prices, or stagnation in price growth over the medium term* You plan to do extensive marketing to outcompete local, experienced investor that will put you in a situation where the two points above are moot because you are getting such a good deal.

Where this is a local governance bylaw, you will find communities provide a variety of ways to regulate the size and occupancy of an accessory unit.Here a accessory apartment in the basement of a single family dwelling must conform the the following:(a) Where permitted, basement apartments shall: (i) not result in more than 2 dwelling units contained in any converted single detached dwelling; (ii) be secondary to the main dwelling unit, and not exceed 75 m2 or 75% of the floor area of the basement, whichever is less; (iii) contain a maximum of 2 bedrooms with the floor area of each bedroom not exceeding 15 m2 ; (iv) be completely self-contained; (v) require 1 on-site parking space, in addition to the normal requirements of the zone; (vi) not permit a group home, tourist home, home occupation, child care centre - small or child care centre - medium on the same lot. 

Don't use average, use medium sqf price.

Currency is a medium of exchange in our economy.

Make sure you buy one that is the same width as your wall that your building.  

But... we have high expenses (approx $35k/month) so... we understand that real estate is not a "get rich" quick scheme, however we would like to find a lucrative cash flow business for us... we thought of commercial and medium size apartment buildings.2- I am on the introverted side so I'd rather not be knocking on doors and cold calling.. so I also want to know because of that, what type of real estate investments would work for me as well....Any advice?

It seems like my properties are at a happy-medium so far ( fingers crossed, Lol).

The 30' width is a HUGE selling point in those neighborhoods, in those hot north-side neighborhoods folks will pay a premium for a wider lot and a wider house.  

Property valued at   $194,100Comps in the low $200'sHere's the breakdown:   $194,100x        .70 - the golden rule_______________   $135,870We figured the house to be a medium repair price, so we took $15 x the square footage which =    $1,147 - sq ftx      $15 price per sq ft__________  $17,205 total inside repairs(bathrooms etc)We haven't talked to the owner, but are figuring $20k in repairs(roof etc) Sooo   $135,870 - after the golden rule-  $ 17,205 - interior repairs____________$118,665- 20,000 - Cap X____________- $5,000 - fudge factor$93,665 - MAO without profit DEAL, OR NO DEAL?

I have completed a large (over $100k) rehab and a medium one ($45k) so far of residential properties that I own, and as a GC completed a 3 apartment renovation in an 1800's hotel.I hope to find local people to network and possibly affiliate with.thanks..pete.Pete Milano