My goal is to ensure a positive and stable rental experience for both parties, especially in Colorado's evolving rental market.

Here are some things to consider:Most investors don't need software until they have 5-10 rentals.

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

For fun, I also added a column for monthly cost for 'Present Value', which does not account for inflation.That said, my Present Value monthly cost for my rental that rents out at $1950/mo is $208, which is about 11%, or close to the recommended 10%.

What a cost segregation study does is it analyzes a property and breaks out the depreciable basis of the property to more than just building and land.It will try to identify assets that are eligible for 5, 7 or 15 year asset lifes which would be eligible for bonus depreciation.Whether a cost segregation study will help you depends on your tax situation.High level, it will help you in two situations1) Your rental property is active and you can offset the losses against other forms of income.2) You have a lot of passive income and you want to increase your passive losses to offset your passive income.Best of luck

His current monthly Payment Breakdown:- Principal: $314.66- Interest (3.875% rate): $578.779- Escrow: $700.79-TOTAL monthly payment: $1,594.24Estimated rental income: $1.2k - $1.6k per month.Would love to somehow capitalize on the existing fixed rate, but at his current monthly payment and the estimated rent it doesn't seem like a great opportunity for cash flow.

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

We were planning to sell the property as townhome/condos but ending up selling to a Airbnb short term rental buyer.

I've done everything in residential real estate (wholesale, rehab, normal rentals, short-term vacation rentals, turnkey, property management, private lending). 

I'm particularly passionate about Residential Rental Real Estate, but exploring other potential investment avenues.Outside of real estate, I enjoy playing golf and simple hikes.Excited to learn and connect with you all!