@William Hochstedler   William any anti skimming or pre foreclosure laws in Utah... ours are quite stringent in Or and WA.. if its a primary resi..  

That being said, this is not an impossible task to find affordable options.

No worries on not doing a deal yet - just focus on marketing as your main task and it'll come before you know it.

I don't have an exterminator that I can recommend (my boyfriend takes care of this task) but I always advise property owners of multi family units to be proactive because they are such a problem here in this area.

This book helped me see things more incrementally and to focus on the task at hand.

@Jose Castillo,Can you multi-task?

Since this is a subject near and dear to my heart, I'll offer what information I can.1) Do some states have anti-municipal BSL statutes?

I agree, the rent should match fair market value, but the unit could use an updated bathroom, paint, & other cosmetics.Are these easy tasks to accomplish while the tenant lives there or should I consider paying for them to live elsewhere during the reno work?

Some loans may provide the money before the task, with the money for the next task not being released until after the previous one is checked out.  

I am the anti-guru advice.