Thats two votes from you and @James Wise for carpet direct so I will have to check them out.

@James Wise Thanks for the read it makes me feel a bit better about my decision.

You have to run it like a business and invest money in it wisely because some renters will have "Secret Pets" from time to time.Good Luck!

there is a reason Denver is hot as a fire cracker..  

Easy to rent as it’s a prime location, and if you can make it a 1/1 layout wise that’d be a good value add, I’d imagine. 500 sq ft is plenty to make a 1/1, as long as the layout and flow aren’t compromised.

I'm sure you've seen it before, too, but I thought this would be a wise place to mention it for people with less experience.

Help steer me in the right direction please.I am a 25 year old school teacher who can currently save around 40k a year. Mostly from my salary, but I also own two SFH which I rent for $1300/month each with mortgages of...

Cash flow wise, the most doors under one roof, the better (generally).

Keep in mind it would still be wise to offer a buyer agent co-broke of 3%.

@Garvey Daniels financing raw land entitled or not typically involves a 50% LTV.If you plan to develop the property, it’s wise to place the land under contract and condition closing the purchase “subject to” securing full entitlements so that that the site is “shovel ready”