@Jake Cohen I would think in light of that the cannabis industry in Denver offers a huge draw for travelers looking for a place to stay making an excellent location for hosting your properties.

So reflecting back to all the comments on the 'correct rents' in your area - if you're sure that the rental amounts are NOT up to standard - why wouldn't you want to start with an empty building, make your repairs, and then rent Or kick the one that won't show you their unit ... move into it while you fix up whatever's needed over the first few months, while you're raising the rent on the other side. 

OK maybe this is only a reflection of the current market -- not been at this long enough to try to pass myself off as anybody with any degree of experience.And getting back to the OPs question, as an investor, broke or not, you still need to get these properties at a price point that makes sense, otherwise you are going to have a hard time renovating them and having enough equity to really quality for a cash-out refi.What am I missing? 

@Corby Goade Very good questions that I probably need to do more reflecting on.

The guest reviews of the property reflected poor management in more than one way.

Wanted to do a quick update after leaving my W-2 job 18 months ago today, with some reflections on what those 18 months have looked like and where I'm headed from here.Quick background: I got started in REI a little over 4 years ago with one SFR rental in Kennesaw, GA (Cobb County, northwest Metro Atlanta). 

Someone said it a LONG time ago, that "an ounce of prevention is worth more than a pound of cure" - yet as a society we have yet to embrace it.I won't dive too deeply into the fact that Big Pharm and the gov't would rather have you take a pill (with its 20 side effects) for pain instead of something like cannabis, and that's why it's still illegal.3.

Final ThoughtsOne thing I reflect on quite a bit now is how to reconcile house hacking with my newfound family life.

J Scott is currently out of the Washington, DC area so lets assume his pricing is reflective of that. 

Maybe, after all, it's not really saturated and Airdna is reflecting that?