Welcome Brian,The Colorado investor family is growing!

@Daniel Ringwald I've never looked into those markets myself but understand the area in general is growing fast!

I'm driving hard with a rather singular focus on my goal.I want to be financially independent by 2017 for three reasons: 1) my daughter will be 5 and I want to be around for her as she is growing up, 2) I want to hike the Appalachian Trail with my dad and 3) I've learned that life can be very short and I want to experience so much of what this awesome planet has to offer.After running all the numbers, short of catching one of those crazy dot com stocks in the late 90's (and selling before it's too late) or starting something like FaceBook (or probably Bigger Pockets!?!)

I could imagine the satisfaction of growing it from nothing.

Robert,If the objective of your purchase is cash-flow, then appreciation matters little - don't get me wrong, it's still nice, but the success of the investment does not rely upon it.Matching your product - in your case, single-story (ranch style) duplexes - to your clientele ({nearly} retired, aging tenants who do not wish to contend with stairs as they grow old or those with mobility issues), whether done explicitly or intuitively, is the key to low turnover.We are considering a multi-family unit which is comprised of 25-row houses in a single story garden home format as it has an appeal to our aging population.

Turnkey properties out if state in growing cities seem to make the most sense to me.

Growing up, I was able to watch and learn.

To a landlord of residential properties holding a house is simply holding inventory and inventory should be able to be moved and replaced to grow any business.An airport can change flight paths, bus routes can be changed, traffic patterns can change that increase traffic or make access more difficult, nearby zoning changes effect surrounding properties, there is an endless list of obsolescence factors that effect a residential property that can not be controlled.

Thanks for sharing, I have been trying to keep up with beltline projects, as many of the investors I work with are purchasing homes in these areas for buy and hold purposes as the project continues to grow.

My current work is not quite my cup of tea, which is why I want to grow the division this year.