I bought, renovated, found a tenant and was EXHAUSTED by the end.  

(This is not exhaustive advice so do your own due diligence)While the Denver Zoning is large, start by figuring out what zone the property(ies) you are interested in are https://denvergov.org/maps/map/zoningThen read up on what kind of structures are allowed based on lot size whether it has an alley in the back etc.

@Candace Postell I encourage you to sit down and really work up an exhaustive list of what you need, and then come up with a REALISTIC estimate of what those things will cost.

You can reuse your entitlement until you have exhausted your entire entitlement. 

The process was hard, fun, challenging, exhausting, and I can't wait to do it again.Now we are going to take the next 6 months or so to save, educate ourselves, and network.

I have never seen a property that has exhausted all possible appreciation forcing opportunities so even if it seems stable it might still have some "meat on the bone" to improve income or reduce expenses (e.g 100% occupied property usually means there is some room to increase rents).Lastly, forcing appreciation might sounds like an awesome thing to do but it involves a lot of hard work, careful planning and being ready for the hiccups and surprises life throws at you. 

Done very exhaustive research on the subject   and  would love to hear your experience  when you  first  started baying your first Note.  

A portfolio lender will work once you've exhausted all of those avenues.Try house hacking first.  

That policy will pickup if the Liability coverage of the underlying policy is exhausted by a covered claim. 

Local credit unions and community banks are most likely going to be your best source of this commercial/portfolio financing when you've exhausted all of your Fannie/Freddie money or you can use them both and in conjunction depending on your preferences.In my experience local commercial money is usually around 1.0 pt in cost to originate with rates around 4.99-6.50% with 5-10 year terms which balloon thereafter and amortization can be found anywhere from 15-30 years, with most being around 20-25 years.