The smart investor does what you’re doing.

You are smart to consider heading south from the city.

Living rooms have a Smart tv along with cable. 

Analyze a few deals and figure out exactly where the point is that you can make a smart calculated investment without over leveraging yourself.

Is buying 4-plex 20% down a smart move?

Whatever your number, just make sure to play the game smartly and keep 3-6 months expenses (I prefer 6-12 months) for each individual home so that you can sleep well at night in the event that something happens.

If you are renting a out, these things eventually need fixed, so it is smart to have a reserve fund.Best-AJ

Honestly, probably wasn't a smart investment.

If you can get into something like a value-ad duplex in Longmont or a 3-5 bed SFH in Gunbarrel/Martin Acres/Longmont/Lafayette for example and rent rooms to friends, I'd say you're making a very smart move.

You would be smart to not put an extra dime into this property, leave the tennats to pay the mortgage and sell in a few years before the expences begin to roll in.