My 6 month goal is to create a strategic real estate investment plan,  build my foundation of knowledge via BiggerPockets podcast/ webinars, and continue to save (I will have 60k cash to invest) My one year goal is to make my first real estate investment purchase.This is very vague, although I am currently reading Brandon Turners book “Rental Property Investing” and creating my plan to be much more detailed and intentional! 

To clarify, I am not paying rent currently (I have been giving cash to a family member but it would be hard to prove).

If you don’t care about cash flow year 1 you can go down as low as 6% cap rate and still break even.

Hey @Jessica Lopez, once your Airbnb is optimized, then I'd suggest speaking with a few lenders to see what you could get on a cash-out.

You will need money for a down payment and money for closing costs.It is also a good idea to have some cash reserves.You also will need money for any fix ups that need to be done when you buy it.

I want to acquire doors and cash flow but im not sure which market will get me there faster My understanding of the Denver market is that it's not a cash flow market. 

It's a strong cash flow market.

All that extracted cash isn't a taxable gain.

I can pay for all my problems using the cash flow from my current rentals.

If you have a decent contracting team and realtor, you could essentially invest at a distance.