If you are over leveraged, aren't prepared/don't have a plan to get out, you will get burned easily.

Although I believe I can see the path to my first rental easily, I'm having a hard time figuring out how I'd get to the next one. 

We use their Smart Lockboxes so the box senses when in radius of the box and it is the showing time then sends out an unlock code.

Connect with me for specific questions or to get out current off market inventory.  

And even though I would have a lot of cash tied up, I would always have the option to cash out refi. 

With this information, you can reach out to tired landlords who have built up a significant amount of equity and are more likely to be open to dealing with a buyer directly rather than going to an agent, listing it, etc.

So, tell a story of how you (or a fellow wholesaler) helped a seller out with their challenge(s).

Of course as nature of things the community of investors in my area that are investing in the US is small and no united network of investors exists.Couple of days back a large conference of investors took place and I mingled with everybody and handed out business cards and managed to assemble 20+- investors to open a REIA. 

Is there anything we need to look out for?  

Perhaps CO has carved out duplexes from being multi-family?