It has been a long process, but I am finally living in it.

Since bathrooms are relatively small, using some unique tiles and fixtures won’t break the bank and will go a long way with buyers.3.

While the prices are attractive, I'm concerned with its long term viability.

I did not come back to revisit this post from so long ago.I did not buy this property. 

I have over a hundred rental units I own and operate in Utah everything from homes and condos to larger multifamily.Salt Lake County has higher property taxes and is basically built out already and Ogden even though you can find good opportunities in the long run it won't be able to compete with South Utah County or Eagle Mountain. 

The strategy there is more about long-term appreciation since cash flow can be razor-thin.

In particular know exactly what you negative equity position will be and how long it will take at conservative cash flow numbers (near 50% of rent going to expenses other than P&I).  

We have 17 properties and the long term we do on ACH, but frankly, ACH set up at our bank is so cumbersome that I stopped using it for the mid-term market.  

Rental properties come in several flavors... short term, long term, etc.  

There are a few that do not have any seasoning requirement on a cash out refinance as long was there was rehab completed on the property.