Suggestion is they go to an local lender, perhaps American Savings Bank or First Hawaiian.

Personally I like the BRRRR method, and I think it is very interesting because it needs so many skills to do.. finding the deal (knowing how to evaluate a possible deal, knowing your market), estimating rehab costs, networking to find good contractors or learning how to do it yourself, how to vet tenants and be a self-managing landlord, then knowing what your finance options are and executing on them, (ideally before you start), and then refinancing to do it all over again, getting better along the way. 

It sounds like they figured it out and all you have to do is execute.

there is a Target and a Costco on the Lehi and American Fork border and tons and tons of places to eat.

Or will I be on a future episode of American greed as someone that got scammed?

Are you looking to flip or rent and do you have a team built out to execute your plan for either.

Dear people ,I am new to this forum and would like to introduce myself.I am Max from the Netherlands and have been investing in rental properties for the last 6 years in the Netherlands.Currently i hold 10 properties in the Netherlands.Right now I am planning to start investing in the USA for multiple reasons.One of them is that my fiancé is an American :) ;)I am still figuring out to work w a turnkey company or do the purchase part myself and work with a property manager.Are there any foreign investors here that have experience with getting an US bank account to their LLC while being on a distance ?

Over the last year, four separate surveys have been taken asking when we can expect the next recession to occur: The Pulsenomics Survey of Market AnalystsThe Wall Street Journal Survey of EconomistsThe Duke University Survey of American CFOsThe National Association of Business Economics70% of all respondents to the four surveys believe that a recession will occur in 2019 or 2020 with an additional 18% saying 2021.However, we must realize that a recession does not mean we will experience another housing crash.

Isn't that a lot more logical and (much) easier to execute than leveraging assets and letting cash sit in a savings/money market account for an indefinite period?

Keys, alarm codes etc should be tendered at closing.If the sellers intend to have access to the property after closing, you need to execute a "use & occupancy" agreement.