Realtor and Insurance agent. looking forward to connecting with you all.

Also, if they know what they are doing, they will still verify licensing and insurance for the vendor YOU found!

You can do well in the city or county with the right strategy. 

I would recommend that you first Identify a strategy and make sure that the market you choose that aligns with it then establish your Core 4 Real Estate Team. 

In my opinion, it is the BEST strategy for first timers - you get the buying experience, the property management experience, and you get to start building equity right away (especially if you live in Denver).

Your costs you might not think of are insurance, water, sewer.

The purchase price, loan amount, your interest rate, whether you need mortgage insurance, your homeowner's insurance cost, property taxes, and your current monthly debt obligations all factor into your DTI.  

I am in the middle of a transaction where I am selling my condo, however I just found out our complex's insurance had changed recently and does not cover 100% of replacement costs due to a recent claim (last year).

Investment Strategy:Your investment strategy should align with the market conditions.

Find a strategy you like and focus on being the best at it.