We have several STR investor clients who've done well in these areas, like this guy in Wheat Ridge and this guy in Arvada. 

National economic trends, local economy, neighborhood situation, home condition, desirability as a rental, demand factors as a purchase, and too many other factors to mention. 

Purchased not one but two properties from a foreclosure with no title search .

@Dan H.Most GP’s don’t allow it, especially for accredited investment offerings because the purchase must also be accreditedWe have a reg an offering and have a death and disability clause that gives an out and have had one case where this occurred at of 700+ investors.As someone else mentioned, you would essentially be setting up an exchange which would require finra licensing and the licensing costs alone would make it cost prohibitive

Purchase a primary residence and an investment property. 

I purchased it mere days before it was going to auction.

We, as a Roofing Co, talk and deal with MANY clients that have aging roofs, and yes are fine, but the ins co is either wanting them to: replace the roof; pay a higher delectable; not have coverage for the roof; or drop them!

He sold me a home for $225,000 that he purchased for less than half of that and said he will be putting in $100,000 worth of rehab work and thats why he was charging me so much more. 

Purchase price: $525,500 Cash invested: $40,000 Sale price: $658,000 Contributors: Peter Vekselman Partner Driven, in collaboration with MH Property Solutions, successfully completed a fix-and-flip on Rick Rd, Reading, PA 19607.

I purchased the house for $145,000 and they were asking for $180,000.