To do so, you have to find deals and buy them well under market value and significantly improve the property.

I feel much more confident in the market here now, especially because I just listed our home for sale yesterday.

It's stories like this that give me confidence in the long-term viability of Denver's real estate market.

@Huimin ZhangMarket is not going to improve that much for the loss you are incurring today.

I’m looking to buy a home in August and have been improving my credit score for a while now.

If your wanting to Leverage your money, play Monopoly, Hold these properties for a few years until the equity and your down payment matches that down payment needed for a bigger investment you know single family home exchange for a duplex or quad, then hold these for a few more years improve your position on them and then once your equity matches that of an even bigger investment exchange them into a 20 unit etc.. rinse and repeat.

This will increase your confidence and make you seem very professional.

You might be able to increas rents by 3x$50 (you live in #4); improvements have to be funded out of the value increase.

If I decide to purchase the property, I would remove the tree to open up the backyard and lay out flagstone in the backyard and improve its overall appearance. 

As you probably know, mid city has come a long way and continues to improve.