Investing In West Area of Salt Lake County, Utah

[Stefan Coles]

Hello BP!

I am currently looking for my first rental in Salt Lake County, Utah.  I have been drawn to the west area of Salt Lake County because of the lower property prices.  I would say that the west area market has more C rated properties than most.  I am currently drawn to mostly multi family rentals because I would like to house hack.  I have a few questions and they are as follows;

Has anyone had good luck with investing in West Valley, West Jordan etc?

How have the tenants been for you?

Would you recommend continuing searching in the west end of the valley?

Let me give you a little more information about my current situation.  I have a potential investor that is willing to put up the down payment and completely own the property. I would like to find a 3+ unit multi family unit rent out 2-3 units and live in one of them for free.  I am interested in being a landlord for a year or so just to get a feel for it.  While I am currently a landlord (hopefully living for free) I want to save enough money to get my own property in the years to come.  I would appreciate any good insight from any investor and/or recommendations on what I should do.

Thanks in advance!

Stefan Coles 
West Jordan, Utah

[Becca Summers]

@Stefan Coles I like that you want to get the experience managing properties a lot of people want to hand that off right out the gate but knowing what it takes to manage a property and screen tenants is a huge asset. I know you can manage your own property without having a real estate license but in Utah you have to have a real estate license to manage someone else's property. I didn't see in your profile is you where an agent or not. Could you structure the deal so you have some form of ownership to get over that? You can always get your license it's about 120 hours of class and a test and will cost about $1,000 I think I can't honestly remember it's been a while.