We have medium-term rentals in Denver and Colorado Springs, both cities where we've lived and where we work in real estate already.

I live in Ohio but have an IRA-LLC out of Colorado because of how the account was set up. 

Quote from @Barry Ruby: @Henry ClarkYes, but what's the impact on price points?

We also like tertiary markets in states such as Colorado (low property taxes), Georgia (i.e.

A lot of the older biggerpockets.com content that gets a lot of views was made by folks in Colorado based on their experiences looking at f. ex, 2012 prices.

They also operate in other Colorado areas that I am interested in purchasing next.The property managers' forecasted revenue will be oddly very consistent, likely all using the same software, and forecasted the revenue would cover all the financing expenses alone including principal, interest, PMI, and taxes and a significant portion of utilities.

You are only putting 5% down so your loan amount is much larger and therefore your mortgage payment.Cashflow is tough when you move out because prices doubled since 2015 (at least in Colorado Springs) and interest rates have tripled in a year.

Havea job (or a cosigner) that earns about 60k (that is the Income you'll need to afford a house hack in Colorado Springs, your area may be different)2. 

I sold a rental in Colorado for $397,000 and purchased (thru 1031) a rental in North Carolina for $286,000. 

I currently live in Colorado Springs and my family and I are moving to the Evansville area next week.