Greeley is a good rental market as a whole and has had really good appreciation over the past few years (with lots of energy, health care and meat packing jobs, it's a growth market and the university has over 12,000 students and 2,000 employees).

I've talked with several in the area and recently decided on them to free up some time and energy.

BS in Finance and currently working on a BS in Computer Engineering.My goals in real estate are followingenough income to pay for my basic cost of living (housing/food)enough income to pay my student loansenough income to fund my Roth IRAenough income to feel comfortable focusing my time and energy pursing endeavors, whether they are work related or not, that I enjoy and find stimulating.My strategy to do this is via rental properties near hubs of workers/tenants that are somewhat systematically immune to the ups and downs of the general economy (i.e. universities and hospitals).

Austin on the other hand has nothing to do with energy and all technology.Thoughts?

A disappointment, and took some extra time and energy, but was not a financial setback.Get a new quality tenant ASAP, take the prorated rent for the un-rented days out of her deposit.Beef up your lease, look into clauses with penalties for breaking, make part of the deposit non-refundable to cover the fixed costs of tenant turnover, and/or require tenants to stay a certain amount of time to get their full deposit back.  

The previous owner financed solar panels through a green energy finance company and never made a single payment, and now the property carries a UCC fixure filing with over $30K owed on the equipment.  

Success, business, relationships, you name it- I'm a big believer all get built on energy and excitement.

And also interestingly enough, the energy and real estate markets are somewhat opposite much of the time. 

Of course, that assumes that you are willing to spend the mental energy to manage more doors and tenants or managers.

It's not like the energy sector in Houston or natural resources as much as it's about a cool city.