Secondly, like many I thought the Colorado market was a little too hot and certainly, in Denver and surrounding areas, it is a little too steep for traditional solo investing.  

This area is tricky as there are several spots where the demand is high, but the pricing is just too inflated when compared to other areas.

Also the properties sell for less than half compared to the “ good “ side of town .

Big Money isn't always right, but it does influence economic activity and markets.When I investigate a dividend-paying stock (including a REIT), I compare its current yield to its average long-term yield to get an idea of its price relative to its dividend.

@Sarah Torres I found BP on a google search when I was comparing flooring methods for return value.

Easy access and walking to a nice downtown.Units: 4 - 2bd/1ba Utilities- All electricAsking Price; $300KCurrent Taxes: $8100Utilities: $275 per month Insurance: $200 per monthAverage Annual Costs Including withdrawals for self-managing fee, Taxes/Insurance and Utilities- $26k per yearCurrent Rent: 3 Units $850, 1Unit- $800 per unit (tenant pays electric)Comparable local units for 2br - $900-975All questions and comments are welcome.Thanks in advance!

The issue is that I won't qualify for financing at a traditional bank any time soon as I work on my business and credit.

We'll say for roughly 100k. once i have a loan theough a private money lender, can i refinance using a more tradition style loan and lender such as a bank?

Thank you for replying, would I have to refinance to a traditional loan after I move out?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.