I've build my portfolio and retired from the W2 by taking rules with a grain of salt.

However, remember that these are commissioned sales people who want to sell you a property -- take their advice with a grain of salt.

Keep plugging away and ask more questions here on bigger pockets and take everything people say with a grain of salt.

I've not managed a deal yet so take everything with a grain of salt. 

I currently reside outside of Salt Lake, Utah and recently finished and sold my first live in flip which generated some seed money for me to start investing in rental properties.I have been doing research on Wyoming markets such as Rock Springs and Laramie, but am interested in other markets as well.

Now, Scott, that makes sense to me.And don't let me take away from the value of assessing the lender's opinion, the realtor's opinion, and the appraiser's opinion, but just take it with a grain of salt of where each of them is coming from.Just because your lender will loan on it, doesn't mean you're going to make money on it.

Had 3 close friends move in the last year to: Austin area, Boise, Salt Lake City. 

Most people in the Salt Lake area are buying short-term rentals in St.George vs.

I'm not an experienced landlord - so take what I say with a grain of salt - but I completely agree with @Elizabeth Colegrove   I wouldn't want a tenant in my first, or any of my future rentals making an unapproved repair and then passing the bill on to me.

But I am also looking at +$75K properties that will rent for $1100-$1200. so take the 2% with a grain of salt and don't live on one metric alone.