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.

I am in Texas, and have been offered several lots in HSV at wholesale, but it doesn't look like there is much margin to be made unless I take the time to develop them myself (which I don't necessarily have the cash on hand to do since I'm in the middle of a couple of other projects).

Our stack is Hostaway (PMS) / Pricelabs (Pricing) / Breezeway (Task Mgmt).

If you are a broker, investor, developer, lender or even a MF/CRE service provider then feel free to dm me and request a live demo of reonomy with me!