The runaway inflation will continue putting upward pressure on pricing.

Example: once I had a neighbor that was continually blocking the driveway of my rental property with his truck, as the driveways were conjoined.

Would your employment continue as a W2?  

That being said, it's tough to get over the relatively high rate of return for STRs when you are comparing them to LTR. 

Hey guys,I've been self-managing for 5 or so years now but recently turned over the PM on a couple properties to a local property management in town.

We had one in a rental (it was already in place when we purchased the property) where the tenants cracked the bottom of the tub and continued to use it; thus rotting the floor out underneath.Gail

The last stage is Hypersupply where construction is continuing but at the deficit of vacancy.

Last 2 years I gave away over half my income and I expect to do so again in 2024.  

Denver has been a very solid market over the last 10 years and looks to continue the trend as migratory patterns continue to head that direction. 

You won't go bankrupt over buying a duplex.