The house is located in Utah County, and I think over time it will appreciate very quickly relative to other markets.

@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

LTR could get $3200-3400.3-just purchased in August a townhouse in Costa Mesa California 3 miles from the beach walking distance from the back bay great location.

A good deal for a retail buyer is something they can pay for which has most of the amenities and location they want.

How valuable is this location in that market? 

Instead, look at your major location-specific operating costs as an investor.

Hello,I bought a duplex in Pensacola $75,000 under appraised value, in an amazing location.

(Available time, money, income, family situation, credit availability, time horizon, real estate market location and phase, medical situation, etc etc.)

Otherwise its all about the classic location location location.

Would it generally be a location that tends to have a higher cost of living?