A word of caution, though, from calling tens of cities and counties here in Colorado, even the supposed experts don't always know what their own short-term rental rules are.

Purchase price: $118,000 Cash invested: $30,000 This is a single family property this is rented by the room.

That being said it is a no win situation because even if they accept it I will probably deal with this again with the tenant.

. - $1k cash flow is unlikely if properly allocating for expenses in these low cost areas on a single unit even if purchasing all cash. 50% rule is aggressive on these lower rent markets.

Multifamily properties are selling just as fast as they were in 2023 despite there being more options on the market.If the trend of increasing inventory continues, we could see price growth slow down even more in 2025.

We have chosen single family housing rehabbing (fix & flip) I am looking for mentorship and great people to guide me or even partner with this field.

When I move out in Sept, get married, and fill my current room, I'll basically be breaking even after expenses and maintenance. 

I'm looking at Buildium or Rentec and would even look at AppFolio.

There are programs that are 25% down for a single family rental investment property and 30% down for 2-4 units.

My current goal is to start with house hacking and move on to long-term single-family rentals.