Hello BP. 

I am a "newbie" and have been a fan and listening to as many podcasts as possible. I will have funding available within the next 6 months (approx $150K) that I want to invest. I am looking to buy and hold SFH in the outskirts of the Denver metro area. I am from Englewood/Greenwood Village (college n Greeley), but have been living on The Big Island in Hi for the past 20+ years. I believe the rental market is more profitable in Colo than where I currently reside. Having this funding available, my question is: Should I invest in several properties taking out multiple loans, or just purchase 1 property with a larger down payment to reduce monthly loan payments? Then refinance that to purchase another? My goal is to buy a property each year for the next 4 years (at that point I am looking at moving back to Colo), then possibly purchasing multi-family units during the following 10 years. I am currently 47 and would like to have passive cash flow to be able to retire in the next 10 years. I am looking to meet other members and network for advice as well as meet new faces. Your advice?