It's been a great investment but it's a tough environment for land-lording there: rent control, onerous city inspections and involvement, sky-high water/sewer expense, lots of fees, and evicting bad tenants is a nightmare.

And more coming online to make access to SIP construction easy and affordable. 

If you are dead set on needing privacy, you can find a single family home with some form of carriage house/ mother-in-law suite you can live in and rent out the rest.Earlier this year I did 6 part webinar series on house hacking in our higher interest rate environments with case studies and interviews with industry experts.

Year-round bookings, strong regulatory environment with rules and regulations clear and in-place, what's not to like?

I love the BRRRR strategy, but as the market is a bit volatile at the moment I think there are some attributes to be aware of and consider as part of your strategy (not specific to Pueblo, but generally speaking): In the current interest rate environment, it can be hard to predict where a refinance rate will land, and may widely vary between purchase and refinance.

Meaning borrowers have jobs and their income can support the monthly payment - they do this so we don't run into another financial meltdown.These GSE's, Fannie Mae in this instance, understands that with the higher rate environment, it's tough for some folks to qualify for homes.

When you get a mortgage in a rising rate environment, there are three possibilities for the future: Rates continue to go up.

My vision of sipping umbrella drinks by the beach had turned into a nightmare of financial ruin.

Renting is currently cheaper than buying because renters are renting from owners who bought during a low-interest rate environment and when home prices weren't so high.

However, depending on your investing/RE experience, technical/marketing skills, etc. you may be better off spending a couple of years in an office environment.