For example, a 3bd 2bt single family like the one I'm looking at is around $1700_$1800 vs same size brand new condo would be over $2500 and people still accept to rent.

So while the process of issuing a note is very "clean" on paper, it might get messy in the real world.I just bought a nice single family in a top suburban neighborhood and rented it out to the retireing baby boomers with 200k income for top dollar.

When you started to invest in Real Estate you likely decided on a single or maybe two strategies you wanted to employ.  

My personal favorite structure is property owned by a trust; beneficial interest in the trust held by multi and/or single member LLC's; then you can get real creative on who owns the membership in the LLC's.

The area around the campus is filled with higher end single families and 1-2 apartment communities.

Hi @Nicholas Lehman , There's been some very good opportunities in the single family space for that last 2-3 years.

6% is a little high....but without anyone knowing your debt to income ratio, your credit score, whether it is a multi or single, what your ltv on the loan is, its impossible to say. 25% down with a low dti and high credit score is going to be about 5.5% right now. 

Investment Info:

Single-family residence buy & hold investment in Commerce City.

Purchase price: $305,000

Cash invested: $35,000

Currently house hacking my own home

Is this a detached single family?

One of the main advantages is that is was cheaper than buying a single-family home.