The advantage with the bank was minimal closing costs, a good interest rate, and a draw system so I could get funding as I completed each rental unit. 

(You’ll pay higher interest because it’s a rental property, and, if you try to do it in a corporation/LLC you’ll pay an even higher interest rate.)

Just curious what that market is like and if this is good idea for the area and what rates are like.

Because the interest rates were so low, I was able to keep the same mortgage payment cost we had before but for both houses with a shorter term! 

Feel free to take or leave my advice, but I think others will agree that, for now, you should focus on maximizing your savings rate, building your credit, paying off any owed debt, and house hack your first deal—just my two cents.

If you want to stay in your house, then your only option would be to leverage equity which will probably be in the 8-10% interest rate range.Not knowing the entire situation, I think you could consider downsizing and then using the proceeds to buy a 2-4 unit property and start making $40-75K right away with still no debt. 

His story is inspiring, but don't expect to have the same results with today's high prices, high interest rates, and thick competition. 

Also I've been lending on quite a few deals in the area you're talking about since the hurricane how have insurance rates been looking in that area for you?

I recently pre-qualified with them and was told the interest rates are all the same (6.0%).

In an accompanying video, I also pointed out that Utah had the highest population growth from new births (see the heatmap above, courtesy of Pew Research Center’s analysis of Census data).Metros along the Wasatch Front, such as Salt Lake City, UT; Provo, UT; and Ogden, UT continue to see strong job growth, low vacancy rates, and relatively high price appreciation.