More than likely the asset will in a location where cap ex & management/operational costs are disproportionately higher and therefore your expense ratio will also have to be adjusted to a higher number.  

If you jointly own it as a rentalwho will manage the property for everyone?

You could reach out to a few Property Managers in Salt Lake City to see if any of them would be able to give you advice for the area, as they would be familiar with the region and what to expect from the investment! 

But, if steady long term cashflow is a goal, with no management, one can always sell farm land on a low down private contract.

I'm a central CT based investor, flipper, and property management company owner. 

1.Finding Value: Identifying properties with strong upside potential is critical in markets like Antioch.2.Rehab Management: Staying under budget and on schedule ensures better cash flow and quicker refinancing.3.Leverage Matters: The HELOC strategy allows me to scale quickly and acquire more properties without tying up personal capital.

Did he give you property managers, lenders and areas to invest?

In the past when I am looking for a property manager I google to find all managers with physical offices in close proximity to my properties to narrow my search and ignore all sponsored adds that fake that they are local.Since you have self managed, you will be better equipped to "manage the manager".

SECOND - In the same vein, newbies ask which programs they can use to manage their listing.

Kenzer, To your first question about liability, yes a LLC can help protect your assets from taken, but you have to manage it correctly.