If you plan renting out this property, that cost recovery comes from cash flow (equity doesn't count). 

I’m based in Utah and plan to invest in long-term rentals in UT, OK, and/or TX.

Currently working with a mentor, and I plan to give him a chance before I jump to something else.

It gives you complete control over the property and helps you build the foundation for future growth.If you're planning to expand your portfolio, I strongly recommend partnering with a professional management company.

I plan to put a $600 utility cap in the lease.

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

It all depends on the work you/your clients want to do to create value and the overall game plan.

You're off to a great start by educating yourself and planning to attend meetups—that’s where the magic happens!

Would love to hear what you’re focused on or planning!

We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.