Hello CheriLike you I am finding it a challenge to find financiers for the next move in my business, I currently own 23 doors outright, and have been turned down by the banks for an Equity Loan.So what I advise is move on to other banks, I am now trying to find Banks that understand investing and want to be with me for the growth, so I suggest a well-written Business Plan, prepare some financial statements if at all possible showing your growth, and finally persistent, keep trying remembering No, is really a lost opportunity on their behalf, and a minor set back on yours. 

I am a Canadian with one rental property already, and a solid plan for growth in Canada.  

I am in rapid growth mode and want every dollar of leverage I can get. 

For us, it allows controlled growth but also lets the business survive on its own without any additional cash inputs.

My counter point would be if appreciation continues 3-4% growth each year, then you would just need the depreciation to be under appreciation to make it worthwhile to continue holding?

As a point of interest, 4-plex units are still single-family and you would use conventional lending rather than commercial, so if you use those early "easy" mortgages on 4 doors here and 4 doors there, you will gain more cash flow per acquisition, which assists in growth.  

My question is, with Denver's astronomical economical growth, how will this election affect our housing market?

It was significantly better than most of LA as far as local job growth, income growth, population growth, millennial growth and basically running on all cylinders.

That being said, if I were you, I'd try to find the best blend between housing prices and population growth/housing starts if capitalizing on long-term appreciation is your primary objective.    

Since I'm about to graduate high school, I'm going to have a huge amoint of free time that's going to allow me to focus more on my personal and wealth growth.