Financing will be key, and choosing the right mortgage is crucial, an FHA loan or something similar could be a good fit.

Understanding local laws, tenant regulations, and tax implications is also crucial.

I have a great network here in Utah for almost every aspect of the transaction and I am always happy to represent anyone as an agent, with hands on experience with investing, I currently own three properties and am finishing my first flip.

The knowledge part was only one aspect of what I was missing.

I think this is crucial. 

This is truthfully the most overlooked aspect of most investors business.

Keep in mind that tracking income, expenses, and hours meticulously is crucial for maximizing your tax benefits.

It's crucial to understand and follow local laws regarding deposits, documentation, and timelines.A local property manager I knew had a lot of questionable and shady practices, but the one that ultimately led to his downfall was poorly documented and unjustified security deposit reconciliations.

The house hack aspect will make most properties a good deal (of course you still want to run your numbers and ensure this), but if you can find something that is closer to the turnkey side it will be a good intro to real estate.

This decision is based on the need for timely and reliable communication and payments, which are crucial for a successful landlord and tenancy relationship.