Conversely, if you're interested in short-term rentals, I recommend using tools like AirDNA to identify markets with high potential, based on the market score of the surrounding region.Additionally, understanding your financing options is crucial.

Originally from Minnesota Myself!

I was unsure of how it would go originally when I started back in 2017 with our 1st section 8 tenant. 

The storyline lost its original appeal.

Figure closing costs including origination, service fees, and title at about 5% of purchase price. 

When people ask me how much the deposit is, I say it depends on your credit score. 

It wasn't clear in the original post if this is a primary.  

I'm originally from Willard, Utah--but a stone's throw from you.

Curious how the process was or if you've had any experience since the original posting. 

Hello Andy, if your 1st property is finished you will be able to pull 75-80% of the market value out of it, if you have a minimum of a 660 Credit Score you can get a DSCR rate which will be in the high 6 to low 7% range.