New member from Orem, Utah

[Shaun Walker]

Hello all! 

My name is Shaun Walker, I discovered Bigger Pockets about 4 weeks ago and have listened to many of the podcasts and read the Ultimate Beginners Guide. 

I am an Accounting major with 3 semesters left at UVU, I have many cousins, Aunts/Uncles, grand parents, and parents who all do real estate (mostly buy and hold in Provo/Orem). 

My wife and I are looking to buy/owner occupy a duplex, triplex, or 4-plex by December of next year, It would be ideal for me personally to purchase in Utah county. 

I have two questions/concerns currently:

1. I am very capable in excel, having manually and mentally run the numbers of multifamily units listed online I have found that none of them come close to meeting the 1% rule. (Example: duplexes for sale in PG for almost 1/2 a million!!) I would love to hear others experiences finding off market deals in Utah. 

2. We will have enough money for a down payment, and plan to use an FHA loan for the first property, however I currently have almost no income as I am taking very full loads in school to finish as soon as possible. If I am unable to land a well paying job right out of school are there ways to get approved for a loan that do not involve a current income?

Excited to meet you all!