My wife and I both have 800+ credit scores (thanks Dave Ramsey).  No debt besides a mortgage for less than 50% of our $300+K primary residence.  (Thank again Dave)  $90K combined income.  Recently caught the REI bug a...

There are many different ways to become successful in real estate and wholesaling is absolutely one of them when done right. 

I tend to think Denver will continue to go up and it might make sense to hold it, but all the advice is buy low, sell high and it seems like you are in that position.

Hi Chad,In my opinion, absolutely.

You'll have to do a lot of digging because the low-hanging fruit has, mostly, been plucked. 

Every seller claims to have "great rental history" and "low vacancy rates"  but I am wondering if this is true in an area with a declining population and what seems to be a saturation of multi units on the market.. 

You can consider wholesaling or use it to partner with another investor or two although that amount might be too low for some.

Worst case scenario, how low would rent get?

@Michael Darten You can absolutely use cash out proceeds to buy more properties. 

You've a great low interest mortgage that you can take advantage of.