While I never bought when serving, I can assure you, managing a single property from distance should not be a deal breaker.As long as you are careful about who you rent to, and as long as you work with a real estate agent who is willing to screen tenants or a property manager, the number of tasks that require you to be on sight for a remote rental are few and far between.In fact, everything can be done remotely, and you'll want to ensure that you have a network of contractors you can call if the property needs work at any point.

I've found, more than anything, I learn and develop best by taking action and doing.

In addition to the contacts you develop here, there are REIA meetups in person and virtual in Michigan; that can also help you soak up more knowledgeFeel free to reach out to me.Good luck on your success

Initially, I was thinking about flipping the property but searching for better development options now since I found a potential partner who could bring in some funds. 

Chris, I would agree with your analysis here regarding the development of Google & Apple which won't go into effect for a few years at the very least. 

Definitely start this ASAP, since it will take some time to develop a good payment history. 

If you develop a niche or competitive advantage then you have a repeatable strategy that only requires your ability to buy something at “market value”.Obviously this is just my 2 cents and full disclosure I don’t know the Denver market at all.

Purchase price likely around $750k so all in basis of around $1.3m.While I have been working in hotel development and and investment as a day job for years for a company, this is my first acquisition for myself.

We have a 4-plex and 5-plex development projects and would love to be a resource to you.

I’ve developed methods of sorting the listings and what not that make deals pop out.