They have been instrumental in me wanting to move forward and position myself to take the "plunge" so to speak.

Well, I wouldn't do what you are doing... unrecorded transaction w/o security instrument, that is.

I'm planning to buy 2 more in the next 5 years.Stocks investments - I will invest in financial instruments through a fiduciary.What do I need?

To kind of piggyback on a lot the other's insights.With a lot of things in real estate, it goes through cycles, and Notes and Tax instruments are no different.In that every couple of years, a guru will hype up the "passive" nature of Notes and Tax investments, and how you can buy properties for "pennies on the dollar!!".

i might be wrong, but there are instruments to dry up the excess of money prior to rates.  

The preapproval letter in hand to start looking is the most important instrument.

Was it a Deed of Trust (which I believe is the appropriate instrument for Utah, rather than a mortgage)?

I understand the risks associated with this type of instrument, but I’m told it would have to be an all cash transaction bc of the SWD.

I can only imagine what a great thing that's been for you and your family and can imagine your efforts must have really been instrumental in improving the community. 

Whereas residential, factors like: large campuses (universities; work campuses - Toyota, Hospitals, Texas Instruments, Alliance Center; and military bases), and outward growth of a city will weigh more heavily.