People with permanent housing vouchers tend not to move often, so you should compare vacancy in both property size, type (detached/apartment), and payment source as much as possible.Generally, you might want to consider just sitting down with your insurance rep/broker and your own household finances to get a handle on what's covered and what you're seeing for expenses in your own home.

While you may be able to make 200/door you probably lose that with lower appreciation.I would run some numbers on new purchases in Denver and one or two Midwest markets (using zip codes for household income to identify your b- neighborhoods) and see what makes sense.

Thanks Robin,  the information is helpful and very comprehensive.

Without IRR, you can't really make a really comprehensive decision.

@Sara HabtomJ Scott's book pair about flipping and estimating flips was pretty comprehensive and no upselling.Amanda Han's two books on tax strategies were also pretty good starters. 

While Limited Lodging is a permissible accessory use to Household Living, it is not permissible unless (i) the unit is the primary tenant's principal residence and (ii) the tenant lives in the unit for more than 6 months.

@Shawn Blake There is no comprehensive list of str-friendly cities. 

I like the idea of helping people get into housing and really it is hard for a lot of single people or 1 income households to afford housing. 

My approach is hands-on, detail-oriented, and grounded in a deep understanding of the local market dynamics.What I Offer:Sweat Equity and Expertise: I bring my comprehensive experience in managing the entire flipping process – from scouting the right properties and overseeing renovations to marketing and selling.

On the other hand, distant property management calls for efficient systems, trustworthy local partners, and a thorough comprehension of the unique dynamics of the market.Appreciation Potential: It's important to fully investigate and comprehend the local economy, employment growth, and development plans, even if other markets may provide better appreciation potential.