I want to live in one bedroom and fill the other two bedrooms with “Tenants” / old college friends that have agreed to pay rent if I purchased the house.

Purchase price: $465,000 Cash invested: $58,000 I bought this property as an FHA House Hack.

If you're set on out-of-state investing, you might need to work with a realtor who can act quickly on your behalf, be prepared to make offers sight-unseen (after thorough virtual vetting), have your financing lined up in advance.For your first investment, there's a lot to be said for keeping things simple.

If you have a website, Instagram or other social page for the house, having those convey as well are always welcome.Our market is heavily driven by STR near the theme parks, so not sure how the SLC market works, but to me, having it still operating is a must.

Originally purchased as worker housing for another business but now use a rental.

start with a house hack.

Let’s say the house is worth $800,000.  

You buy a house with these numbers:Purchase: 100kRehab: 75kARV: 260kGreat deal right? 

The house is 107 years old and had a pretty lackluster renovation completed on it, so I knew there were going to be some issues, but also some things I know I can solve with my property maintenance background. 

I am currently house hacking and renting my basement through my LLC.