Investment Info:Single-family residence buy & hold investment.

Hey @Jonathan Sanchez, a lot will depend on your area.If you are buying in a saturated area with lots of competition, then using an aggregator like Pricelabs to help make your pricing accurate is handy.If you are in an area that has less, then simply looking at nearby properties that are similar to yours on VRBO and AirBNB.

Before investing here I suggest you read The Ultimate Guide to Grading Cleveland Neighborhoods to get yourself an understanding on the market.

I own a mortgage company and know PennyMac. 

In some places it is a lot cheaper to rent instead of buying, but in other areas, it is the same (or cheaper) to buy a home. 

If you see utilities increasing, is there a way that you can push this on to the tenant?

I didn't have much imagination for it. 5 years ago I started looking at buying a larger home I could house hack because it allowed me to get a larger property than I could afford.

As-is cap rate of 7.5% in my market (kc) would be pretty awesome to buy. 

Quote from @Braden Fisher: Hey my names Braden, I’m a new investor in the salt lake area looking to buy my first deal as an owner occupied house hack.

If you would like to continue to operate as a short term rental, you will need to submit a new STR application for this property and must go to the Board of Adjustment and be granted a special exception for staff to approve this request for a Type 2 STR Permit.The Board of Adjustment consists of eleven (11) members; you will have to get a concurring vote from nine (9) out of eleven (11) members in order to be granted the special exception.