I have three options:I can sell to my tenant - most of my tenants are interested in home ownership, eventually.I can sell to an investor - I only rent M2M so I can offer a home that produces income or can be vacant in 30 days notice.I can sell to the open market - most of what I own is SFH, so I have a broad market to advertise my house...I can also sell my home below market (because my purchase price is right) to get out quickly if I need to and still make a considerable profit.Multiple properties may incur higher PROBABILITY of a bad thing happening, but it will yield you a higher PERCENTAGE of return on your investment IF you stick to your investment rules.My largest "contrary to the popular belief" is that I buy not to generate large amounts of cash flow (although each property does @Justin Fox brings up a good point that it isn't just what you have left after you pay PITI), but to keep my equity safe and building as I own and maintain the property. 

The super hott agent told me that she had received one cash offer around $205 and told them to kick rocks.

@Mackal SmithWe have some amazing tenant screening options and are very popular in St.

It seems popular opinion that Sherwood Forest and the University District by U of D seem to be good spots, but I've noticed from driving through and inquiring that the majority of properties in those areas seem to be a little too high from what I think is a solid investment if you were to add rehab costs.Any insight on good fringe areas for rehab or where to invest?

Castle Rock area is one of the fastest growing regions in the area as far as I know.

BP also has it's own podcast in itunes and is very popular with other real estate investors.

BP also has it's own podcast in itunes and is very popular with other real estate investors.

I am looking to get connected in this time and be ready to rock soon.

In my view this is what HML lenders do all day long so it's just talking to a few lenders to find one who'll back you and the deal.My view is that due to the popularity of building parks in the 60's and 70's and the now age of the founder is quite advanced, there;'s lots of dilapidated parks all over the country in this or nearly this bad a shape.  

Use less popular places and you might find a good deal.