I haven't done the wholesaling thing, so please take this with a grain of salt, but the answer to me lies pretty much within the answer to one question:  Do I have anyone in my buying network that would be interested in this home? 

You can google Salt Lake REIA, Utah REIA, Utah Valley REIA and Northern Utah REIA.

My name is BreeAna Kunz and my husband and I have decided to start investing in real estate in Salt Lake County, UT.

This was several years ago though, so take it with as big a grain of salt as you like.

Hi Jimmy, I'm fairly new to the area and have only met with RE attorneys so far, so take my recommendations with that grain of salt, but I've spoken with folks at McAfee & Taft and Resolution Legal Group, both in OKC.

Salt Lake City- SLREIA,  Logan - NUREIA,  Utah Valley - UVREIA,  Southern Utah - SUREIA,  and Utah - UREIA.  

Pay particular attention to those who have experience in NY and take everything with a large grain of salt.

I would have guestimated a 350k-450k value from what you'd written (this is with absolutely NO real info on your market so take it with a big grain of salt) so, yeah, it sounds like you could probably make money off of this.

Home Depot sells bags of iron out salt for filtration. 

However I am still finding great cash flowing properties in the salt lake valley.