Financing can be up to 70/75% LTV depending on the property location and details - primary, secondary market, FICO, etc.

Denver is certainly higher priced, but there are still good options out there especially in the secondary markets around the metro area.

@Michelle Apple I agree with the advice here, but there is one point that is missing... your secondary exit plan.

I haven't done the math yet but we did really well and our 4th year is shaping up even better.

Has anyone ever come up with a formula to solve when to hire work out? I have a entrance area needing done on an apartment, material is approximately $2000, plus a labor cost of $3000. This work would take me, by myse...

You may find variance on this trend with local credit unions and banks NOT selling loans to the secondary mortgage market, but the norm would be for conventional to be fine for SFRs and duplexes, and FHA better for the others.I'm not sure about the homebuyer program, but I hope you can add that to the hack! 

We have a second building on our property which is our gym but we may soon convert to a secondary residence, thus increasing home value again along with passive income.

You can lookup your property's zoning district on KC's Parcel Viewer map then do the math on square feet required for three units, if your lot is smaller than required then yes the zoning district is wrong.

@Jack B.Your math is basically correct.

Inspection is next week, but the current tenant mentioned that the last month electric bill was very large (300+, average is (50-120$), my concern is, could this be secondary to poor insulation, short or bad wiring, etc?