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).

I was wondering if any can recommend any good property management companies in the area for SFH's, duplexes, 4-plexes? 

I've done everything from wholesaling to property management, and I'm always excited to connect with fellow investors.

Assuming you are managing the property well and taking care of maintenance issues, there really is no benefit to either you or your resident from the inspection.  

That means that they have a separate dept to handle ordering the appraisals directly and they don't farm that out to an AMC (appraisal management company).

I agree with @Michael Plaks - having them provide financial and tax strategy together is not necessarily a good thing.Interesting to note - all of the largest asset management / financial advisory firms I work with...none of them do tax work, they all coordinate with a tax firm to address those needs.There are true "fee only" financial advisors out there. 

Hi Ismael,It's great that you are thinking ahead and properly managing risk.

Ask for help from a real estate expert or a company that manages properties to spot great deals.Good luck!

Even in a perfect market with low interest rates and high resale numbers, and the perfect Contractors and Property Managers.....

I would basically do what this owner is currently doing, which is more or less property management.