Why I say that is, remember the Gold Rush of 1848 in California and 1858 in Colorado?

Thanks, MikeFYI - Colorado resources I found so far List of Colorado Public Housing Authority’s https://www.hud.gov/sites/dfiles/PIH/documents/PHA_Contact_Report_CO.pdfTwo resources I found so far 1) A search engine for Section 8 listings also has fair market rents.

I am under contract to purchase my second multifamily vacation rental in Colorado.

Now a days the rub is turn key providers beat most people to the better deals.. and they sell for full ARV not 65% of ARV like we used to do in the day.. so they pay more for the house rehab cost have gone up.. they have to include their carrying cost into the deal then back out their profit.so why BRRR is tough these days is the market has rebounded.. and wholesaler prices are higher and rehab costs are higher.. can it still be done at the 75% sure it can.. but in select markets sure does not work easily for cash flow properties in expensive markets unless your doing bigger commercial deals.. you have too much competition in what in reality is the cheapest improved real estate on the market.  

The issue I frequently see in that range is folks from California, Colorado, and Washington coming into the idea that the $30k club is often viable.

I wouldn't try to do this flip from Colorado. 

24 West Colorado Memphis TN 3810616 unit apartment complex rented $325 a month= $52001615 Humber Memphis TN 38106Rented Section 8 $575 a month2975 Kirby M'Liss CoveRented Section 8 $850 a Month

But I'm still debating whether to buy in Chicago, Colorado or Florida.

Perhaps knocking something off or waiving pet rent (since you can only collect $35/month with the new Colorado law) if you allow pets...? 

I had Vasasa in Colorado mountain town as my STR PM for a condo that could be rented as a 3 bedroom, 2 bedroom or 1 bedroom due to the 1 bedroom and bath could be locked out from the other unit.