Quentin, build your knowledge, make sure all this is done correctly.Banks rarely call the loan just because of the deed being transferred, something else triggers this, mostly because the investor decides education is not worth the money.It can be because the Insurance was not done correctly, the seller does not understand the process, the Title Company does not know what to do so they call the Bank and make a mess out of the process and a few other factors,If the investor is knowledgeable on what to say to the Bank if they call this is a fairly simple conversation to have.

Utah County is 8 years on average younger than Salt Lake County, Demographics are more important than any other factor in real estate investing.2.

Ideally, this would be just one step in a larger plan to grow into multiple rental units over time.

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@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.

Something I would recommend from experience working with people is to figure out your ideal niche and stick to that, at least just starting out.

A HELOC on your duplex or home offers flexible, low-interest financing ideal for BRRRR, with potential tax-deductible interest if used for property expenses.

I guess there has also been talk of moving some government entities out of Washington, like the FBI.How does all that factor into your analysis?   

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

You probably don't want to live next door to tenants; ideally, they would just think you're also renters.