Although a lot of STRs can be quite pricey, I actually am on the list for a pre-sale on May 18th for a some new construction Airbnbs that are starting at $295k.

In my county you are not allowed to relocate a pre-HUD home from one spot to another.

It doesn’t have to be a PR (remember a non-judicial foreclosure trustee sells at trustee sale; a partition referee sells with court order; a tax collector sis grated power of sale under State constitution, etc.Should a surplus (excess proceeds) be generated by any voluntary or involuntary sale, those funds are now available to chase by fiduciaries, other entitle persons, secured creditors of decedent, and down the food chain ending up with an heir or beneficiary class.In all, dealing with heirs can be frustrating because they are often so naive and driven by emotions of how they think the world ‘should’ work. 

Since you're from SLC, you'll like this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond for their first run?

I just did a pre-approval there last week and do not have an agent I work with in that area. 

If less than (2) years you may want to consider a DSCR progam to get approved.I would advise talking to a qualified Banker/Loan Originator and get a pre-approval so they can review credit and also help with score improvements if needed. 

Once you're there, find a good lender and get a pre-approval.

Because, house hacking is comparatively simple and beginner-friendly (and therefore has the highest likelihood of success), but strategies like BRRR'ing, flipping, wholesaling, etc. are far more complicated, and have a far higher chance of failure because they involve so many "moving pieces".I always use this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond (the most advanced terrain) for their first run?

Obviously the answer is no.Another consideration is if you do OF and don't want to risk immediately being cashed out then you need to ensure your terms include a pre-payment penalty.

Hi BriannaGreat question and yes DSCR is a very good loan for this, I am an investor too, and this is really the way to go for your situation, can you let me know the info (your credit score, purchase price, as is value, zipcode) and i will tell you how much money you need to have for this deal and what the rates would be, just so you know most of these loans come with a pre-payment penalty but you can buy them down to be for example 2 years instead of 5 years