In many markets across the country, including Denver, the short-term rental (STR) strategy for investors is gaining popularity due to the huge cash flow it can generate.

Our main issue right now is generating new leads, so we're taking that issue head-on and developing a website that brings in motivated seller leads.

Most lenders will not look at "potential" STR income on our home, as we are not currently generating any revenue with it.

I even thought about a commercial property, maybe even a plot of land for storage just to generate some limited attention properties because I work 12 hour days 5 days a week.

But, I’m going to take my time so I can ensure I acquire assets that will provide for my family for generations!

Direct mail does require you to stick with it for sometimes months at a time or longer, but it can generate some good leads for you (especially if you start trying different templates and companies to test which mailers perform the best).6.

I also have a house in Conroe, Texas it generates decent cash flow every month but appreciation is fair at best because of where it is, I had 3 applicants last time I placed it for rent and I have my reserves of raising rents in fear of tenants not being able to pay a higher amount.

Nicer homes definitely rent faster and generate more demand.

I have one that I use as reserve funds and for random cash in case a deal pops up that is too good to pass up. 

Whatever you want to do post your number, first, lets have a look and don't forget that a huge chunk of your mortgage payment is applied to the principal and this makes a huge difference when crunching your numbers.But...I still try to stay away from single-family homes when the home will not appreciate in value, substantially, but as a previous BP member posted, you still may be better off buying than renting if that is your only choice and cannot buy an investment property that generates a profit almost exponentially compared to a single family home for your personal residence.