Also, rent by the room models are more labor intensive so a property management company may charge a premium as well.7.

I’m going to play therapist here…(I’m not a therapist)I think your real fear is making a bad decision and failing which is normal.

I think the appreciation play is solid over time but proximity is hard to pass up for rental demand.  

Key features of Denver’s short-term rental laws, rules, and regulations include:All short-term rentals must have a license.Any short-term rental must be the host’s primary residence.All advertisements must display the host’s business license number.All short-term rental hosts must follow rules related to safety, taxes, zoning, and insurance.Hosts who do not follow the rules could be fined, or could lose their license.It sure seems like you’d be risking your primary home and it’s equity on a speculation play.

But recognize that if your agent is educating you along the way, and helping you to understand the market, even if you find one off market, they brought you value too and played a role in your success.

I figure with rent increases year on year cash flow will increase substantially and this is more of an appreciation play as well 

Simply changing a name does not change the underlying fundamentals of your situation and playing name games doesn't circumvent guidelines. 

That also will play a factor in which route you take. 

Obligo is not in the business of playing judge and jury.

The Double Play is all about putting your money to work in two places at one time.