For the most part it just extra sets of eyes and ears out and about, when they hear of something that sounds good they give us a call.

That is where I would look for multi-families for sale.If you were looking for single family, you could place bandit "we buy homes" signs and your phone should ring.

When I first started, I created a 3 ring binder that included these things plus all the leases on my rentals and whatever else I thought they would need.  

Some of the questions you ask on the form are not relevant to me. with no alternative option to answer.so, instead of providing you wrong answer I will try to ring you tomorrow to discuss.

So do ya'll see why this can be so confusing looking at so many properties (I usually look at 100 before pulling the trigger on a few, then you only get a few selected.My main quickie metrics are GRM 1% rule (or less if A property/locatioon) then I might quickly look at estimated capAnyways if someone has a better system let me know I'm all ears all the time!

Once the phone rings you'll be able to craft a tailored approach from there.

I'd steer clear of this type of area until you're more experienced unless you have some other particular advantage that would help you overcome the additional risk.Some of the inner ring suburbs (including Lakewood) are popular on both the east and west side areas, though you'll have increased regulation from the suburban municipality government and increased property tax burdens to deal with.Since you're local, I'd deploy capital in an area you are (or get to be) familiar with first hand, and use that list I provided as a starting point for areas to familiarize yourself with.

If you had some time to bend the ear of a guy that knows the title  and escrow business in your area, and is sitting in the room on hundreds of closings a month, what questions would you ask? 

I have been really looking into house hacking and starting out that way, but If anyone has better advice on how to start real estate investing in the Colorado market I am all ears. 

Easy to get your phone ringing with motivated sellers once you learn how to reach them!