I highly recommend your first one not be OOS. 

Hi all,I am currently house hunting for my first home in the Aurora, CO area and am interested in finding something with a finished basement that I could create a separate entrance for (assuming one doesn't already exist) and rent it out to tenants and make a dent in the mortgage payment given this high interest rate environment.

@Luke Ezzo Focus on buying quality real estate rather than setting your sights on owning a specific number of doors.

High property taxes might be offset by better rental rates, or vice versa.

Which have been my original main focus, but those cities are getting expensive and when the price is within reason I’m finding a very high crime rate…will keep searching…

There is a high percentage chance that those closing costs are actually going to buy down their interest rate.

It's also worth revisiting the scope of the renovations you're planning—are there areas where you can save without compromising quality or appeal?

Is removing black mold from the basement a high priority in most cases? 

And if that wasn't bad enough then I paid a leasing agent to find a quality tenant, and of course this tenant paid only once, in Sept. 

Also this emotional pressure is really common with high pressure sales environments, which is often the case with large wholesaling organizations.