I live nearby and would be self managing the property / doing most repairs.My thought is that with continued inflation and undersupply of homes in Utah that the property will benefit from appreciation, have lower expenses (new construction), and strong rent growth (excellent location  near major shopping centers, stores, parks, and close to down town SLC)Main concerns are that the property may not have much more room for appreciation since we are at all time high's in Utah now.

Turned out great and have referred those contractors to lots of people who have worked with them.Government actions have led to sky high asset prices, savings levels, zero unemployment, and inflation; so, all labor, materials, and services are high right now. 

Rates will only rise more as central banks look to raise rates to tame inflation. 

Buy supplies earlier in the game just incase there is inflation.

With inflation at 7% you will be making less and less each year as the property loses value (at least as a rental to landlords).

I also know for a fact that many Realtors look at Investors or people who do not want to pay a grossly inflated price as schemers.

Naturally I jump in head first into real estate investing for myself in the most over inflated market in history.

I would keep the money in real estate to help combat the inflation we are seeing.  

Most importantly as long as you can keep it rented with quality tenants I think you raising the rent should not be an issue especially with inflation and the current cost of living. 

Many tenants bristle at modest, yearly increases in rent to account for inflation.