Of course, check out occupancy limits in the county/city that you choose.If you want the least amount of work but lowest cash flow (cover 50-80% of your mortgage payment), I recommend finding a house with a basement/mother-in-law apartment, and live upstairs and then rent out the basement to a long-term tenant.Denver metro has experience terrific appreciation like most metro markets, and over the last 40 years, Denver averages 5% appreciation, so Denver is a great bet long-term.I'm more than happy to discuss further if you have any questions.  

But to  give you something of an answer: your best bet is what's called NOMAD where you keep buying your own residence and live in it for a year before repeating.

Either those properties make poor rentals or you are grossly under market rents. 

You can bet on your tenants being in place over the next year and that cash flow coming in over that 1 year lease, but you can't be sure how the stock market is going to perform over that same time period. 

If the lease is poorly written, it may be more of a challenge. 

I will also have to say if you have poor spending habits or in debt to work on those areas.

Hi all,One of my family members has a house in the very desirable Westlake neighborhood and the Eanes school district. It is fully paid off and worth around $1 million today. They are coming to me with help about what...

I just finished "Rich Dad Poor Dad" and am wrapping up the BP "How to Invest in Real Estate the UBG to Getting Started," actively listen to the podcast, have David Greene's "Long Distance Real Estate Investing" cued for my next read, and look forward to becoming more educated on the subject!

That may be your best bet.

If you have not, great books to read are:Rich Dad, Poor DadThe Millionaire Next DoorCash Flow Quadrant Tax Free WealthSet For LifeRental Property InvestingThe Millionaire Real Estate InvestorThe REAL Book of Real Estate So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.