If you do not feel comfortable with the Recipient seeing your bank statements, you can send them directly to your loan officer.BORROWER/RECIPIENT:1.

Im 24 years old with a credit score over 760, I make a little over 100k a year at my job and I can comfortably save about 40k each year.

Your best bet is to really research markets you feel comfortable investing in.

I think it sounds nice and clean and comfortable-right on trend. 

If you are more comfortable with a lease that you created (b/c you know it's a good one) that shouldn't be a problem, but a MTM would be sufficient with a note that you are waiving your normal lease requirements due to their long history of good tenancy etc.

Because of Ogden's progressive planning & zoning and comfort with higher density projects (second only to Salt Lake), we are seeing a bunch of 10-50 unit multi's going up all over town. 

Say you think it’s $230k for instance, you’re comfortable with that, neighbor is comfortable with that because you’re “saving money”.

Based on the numbers you provided and assuming a purchase price of $200,000,this deal PASSED the 1% Rule.Assuming you are getting a mortgage( I know you are considering cash) of $150,000 on a $200,000 purchase with interest rate at 4.5%,annual taxes at $4560 and insurance at $1680 .Your PITI(monthly mortgage) will be around $1280.With a monthly rent income of $2000,you will have a gross income of $720.This is before reserves for CAPEX ,maintenance etc I think you should cashflow $500/month.If I was in your shoes,I will go for it

But you cant really start in a market without a handle on the how and expect to feel comfortable buying something.

Waive as many contingencies as you can/are comfortable with ie: home inspections, appraisal (at least up to a certain amount).