The strategy I've been looking at most is rentals by Colorado State or University of Northern Colorado that would be good college houses.

Near the university and the 501 corridor rooms rent for $500-$650/month. 

First one:4 Beds, 2 Bath, 1815 sqftBuilt: 1945; renovated: 2022Price: 245 kUSDLocation: close to Morgan State University; zoning: R-5Second one:3 Beds, 1.5 Bath, 2242 SqftBuilt: 1922, recent updates: updated electric, repairs to roof, bathrooms caulkedPrice: 220 kUSDLocation: Close to Lake Montebello, Zoning: R-6We are also looking in other areas but these 2 properties are our first try to explore.Every advice is highly apreciated.

We will be marketing strictly to students, this property is very close to the University of Cincinnati.

Purchase price: $1,650,000 Cash invested: $440,000 28 Units, 1 and 2 beds near the University of Cincinnati.

63112 University City63114 Overland63110 Tower Grove

There are reasons why this sweet spot is rock solid, always available, while these "magic unicorn mortgage of the day" always flash hot & quick, get all the headlines, then burn out, and go away, until some other PR or other high mucky muck, at a different bank, has an amazing never before seen bright idea to solve all inequality in the universe, and then we rinse and repeat.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $165,000

Cash invested: $10,000

Purchased as a 3/1.5 and turned in to a 3/2

What made you interested in i...

After the first year, this property will have a 16%+ COC ROI and it is in an extremely popular area (.5 miles from a D1 University) and the only time it's units are vacant are usually only the ~10 days it takes to get new tenants in.

There are markets where housing prices are very affordable (even with higher interest rates) but still attract many visitors (Big college football towns or internationally known universities, Gainesville, South Bend).