Buying a property to live in and Airbnb in Denver
Hi all,
First I will introduce myself, I am Tiffany, a newb to the investing community and I am loving learning about it, networking, and talking business. I am into design, art, travel, and meeting new people.
This sounds strange, but I want to buy a property that I can Airbnb out (for now) in order to meet travelers coming to the community. I mostly want to attract travelers interested in finding a comfy bed and good atmosphere, that don't mind sharing a bathroom, entrance if possible, but don't want to pay extra to rent out an entire place.
Now the question:
What neighborhood should I buy in? I only have 45k to invest. I have been thinking about East Colfax- thoughts on this hood? In 2020 I would like to rent the whole property out. Not making positive cash flow when it's an airbnb is ok, but after that I want to rent it out it and be positive.