Convenient mountain towns with access to major transportation routes are not significantly less expensive than places on the front range. 

I love the team that I have in place, which is a major factor keeping my focus in the same geographical area.Going forward, I'd like to explore multifamily rentals and maybe expand to a second market such as North Florida or Central Arizona.I'd also like to get more involved in the real estate investing community in general and attend some meetings at a local REIA.I'd love to share any of my experiences if it helps someone.I look forward to being more involved as a member of the Bigger Pockets community. 

In today's market, 20% could eat most of your profit, so getting your cost of money down will make a big difference to your bottom line.

There were people buying 2-3 extra houses expecting to turn around and sell them for a profit without any rehab.

Those are the major self-promotion methods that are left.You could also try FB ads and the like now that I think about it.

I'm proposing to be added to the deed (I would have to be in order to manage, my firm does not do prop management), be responsible for getting the property to 100% occupancy, maybe doing some rehab, and split some % of profit.

@Melissa Harris, so you're asking if continuing to net $3k per year for your $4k outlay is better than netting a one-off profit of $80k for that same $4k outlay two years ago?

I've managed several properties that didn't have separate meters and typically I use the "all utilities included except internet and cable" as a major selling point for tenants.

Got to sell it for a small profit.

the prices especially in Chicago don't justify dropping another 100-200k for major renovations.