With time hopefully the numbers will be even more in your favor with appreciation of the property and you will have cash flow to continue to invest, also it is building equity in your portfolio that you may want to tap for opportunities in the future.

Good signing will go a long way, plus getting your listing up on Facebook market place and Loopnet and crux may have rental listings available too. 

It's because Airbnb and STRs have taken a hit in the last two years.But I just had a client close on a new build in Wheat Ridge that is eligible for a short-term rental permit, and they look like they're going to do well.

I keep hearing how important it is to buy right and with houses going under contract in a few days,  how do you learn how to quickly estimate costs to determine whether it's a good deal?

You're going to have to locate markets that have a decent price to rent ratio.

Does going broad really work, or have you found that focusing on a smaller list with higher potential leads to better results?

The Augusta market is heating up and it's a great time to start investing and continue to grow.

@Dominic Petoral you're not going to find everything on your list:(Your price point & funds are going to lead to a Class C property, which you better understand the differences from Class A & B rentals. 

Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.

But if you are married with 7 daughters that is probably not going to work.