I figure if the equity we have cash flows better than similar equity in a single family residence in Utah would, then we should consider this AITD as a serious option.

I find this option best if you are on a tight time frame and need to save a couple of weeks.  

There's too many investors who are front page news in Northern states re CFDs gone bad and Texas where lease options went bad and the state enacted buyer protections...Take care to all.   

I assume mountain towns are my only option for cooler in the summer without humidity. 

When I have some free time, I'll research other options that won't cost a fortune for the small guy.

In the end, it may be the same amount of money or more, but it will just have to be structured differently as you navigate the shifting market.Northwest Valley would be a good option. 

Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to include that down payment alongside all other costs (closing, rehab, etc). 

They have lots of options for you, depending on your budget.

Explore options like conventional loans, DSCR, seller financing, or partnerships, and connect with local lenders to find the best fit for your strategy.Good luck!

Have you looked into property management options or run numbers factoring in potential vacancies and maintenance?