For example, there are 500k-600k 2000sqt+ duplex that has monthly cost around $4000 ~ 4500 without management but the typical rent in that area for those units is under $2000.

I’m interested in getting my first rental property somewhere in Denver metro so I could self manage the property and increase my cashflow. 

I currently just have a 2-door honda that I will use for business travel/managing the rental.

I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set.

I was wondering if anyone here has managed to do a new construction BRRRR in the more expensive states.

They will have for these new projects their own property management arm, an insurance option as well i'm told.   

This is privately arranged property management. 

Plus, managing an LLC adds complexity, requiring adherence to state regulations and additional paperwork.

Hi Dennis, we’ve helped some investors recently tap equity for down payments and portfolio expansion.

**Additional Tips**: Any other advice or experiences from those who have successfully managed medium-term rentals would be invaluable.I want to ensure that my contract is clear, fair, and legally sound.