You hardly build any equity in your first year, it makes sense to refi only if the rate is substantially lower or if you can get rid of mortgage insurance.

I wouldn't rely on information here as we haven't seen your building nor understand your bigger goals but this is not something I ever recommend my clients to do....even if they have a few deals under their belt.

Personally, even with interest rate uncertainty and election year hysteria, I am building a stronger and stronger conviction around the fact that I need to get a little more aggressive in acquiring more income properties.   

Building dept. for Unincorporated Arapahoe County is apparently overwhelmed and understaffed.

Pull a building permit.

I will have one apt from time to time with a Section 8 person but I would never operate a Section 8 building.

.- Tax Benefits: building deprecation, cost segregation, write offs etc..- Principal debt paydown: tenant paying off your loan.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.

Also, what is the age of each building and the major systems?

End of the day though you can still buy existing homes there for less than replacement costs and until that changes you will continue to have very little competition from new builds.

Make your own signs if you are determined to do this.I'm not a fan of open houses for a lot of reasons, so understand their reluctance to do it, but lots of agents want to do it, so normally in our office the experienced agents don't do them, but there are lots of new agents who have been told this is a good way to build their business.