The biggest hurdle in investing, from what I've learned, is to get the first one done.

Lessons learned?

I would consider a duplex so that he can learn how to manage tenants in the other unit.

And once you learn trusts, you can make all you want, easy without costs and without anyone knowing about them.

Any lessons learned?

I'd love to learn more about your experience finding investment opportunities in the Denver market.

I have learned to mitigate risk with smarter purchases, reserves, reasonable down payments, built-in gains, solid income stream, and not biting off to much at any time.There is risk in everything, but these are large investments of time and money. 

Take a look at this post it will help you learn more about the city. https://www.biggerpockets.com/forums/921/topics/1083764-real... 

Thank you, I must say I look forward to hearing as well as learning from some of your Projects in Florida! 

To learn about entity structuring possibilities for your investments, tax ramifications, and legal requirements, speak with legal and tax specialists.