Investing in SLC/Provo - Building a team

[Nate Waters]

I have researched several areas and I have narrowed my focus to 3 potential markets. One of those markets I would like to explore more is the Salt Lake City to Provo, Ut corridor. I'm interested because:

• Identified as a favorable city for millennials
• College towns
• Up and coming tech center
• Good job growth - Provo
• Good job growth - SLC
• Stable and growing rents over the long term
• My family loves to visit Utah - (I invest for lifestyle and return - why have one when you can have both!)

I am a buy and hold investor that is looking to learn more about the area and build a team. I am interested in buying B or C properties in A or B areas (value-add opportunities) - SFR and Multi's.

What should an out-of-state investor know before jumping into investments in the region? 

Should I focus more in the Provo or SLC area? If SLC, what are the areas to avoid?

Any suggestions for investor focused agents? good property managers?

Thank you in advance for any information and contacts you choose to share!