DavidWelcome, I may have a good starter multi for you in brewer.

You can use this guide as a starter but I always recommend hiring an attorney your first time just to see how the process works.

For the life of me now I can't remember the Episode # or the guest that was on, but the conversation turned to: For a starter investor, do you recommend getting debt free, or purchasing their first investment property first?

There are some solid starter places around Ogden & Kaysville where you can live in the basement and rent out the upper floors or vice versa.

It's a non-starter. 

Issues of title, timing, type, third party (QI) involvement and reinvestment target (Almost a perfect "T" alliteration :)But your current deal may be a non-starter from the beginning. 

I’ve read that it’s a good idea for starters to find a few buyers and search to their criteria.

The house has nothing that grabs the eye, a very basic combination of colors, the window look like the windows of a starter home.

I would also suggest you consider homes a little nicer then low $60's as even though they have higher returns on paper and are great starter homes, they typically don't perform like say a $80-$90k home will. 

You don't have to buy your dream home in your dream location as a first property ... this concept seems to have been lost over time, but back in the day there used to be this great concept of a starter home, which was a place to sacrifice a bit, learn the ropes, and build up to your dreams.On the other hand, you could buy a rental 1st, but that would be much riskier in my opinion since you would not have as solid of a base of hands on experience or financial base as you would by buying your primary first and then turn it into a rental to buy your next home later.I speak from experience, and now have a nice portfolio of cash flowing single family homes in nice neighborhoods in Southern California.