The outcome was good, it was a JV deal so we split the profits.Lessons learned?

I'm fit. unfit would be someone who isn't able to learn the duty.

I recently learned even the MLS can be slow to update and doesn't necessarily reflect the most up to date zoning. 

I'm still learning. 

@Jacob AnstaettEncourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Success Lessons learned?

@Stuart Tollison, no matter what the market is doing there are always good deals out there.I mainly invest in Utah County but I have rentals in six different counties in Utah.Here is what I have learned:1.

Through experience, and depending on the municipality, you will learn to determine what you will need to pull permits and what work you can get away with without permits.

I'm Sam, I am completely new to this world and I am super eager to jump in and learn from the incredibly knowledgeable community in this forum. 

It is low risk because you can use a low money down primary residence loan, you are right there to deal with hiccups as you learn to manage an STR, and if it doesn't work you can just switch it to MTR or LTR pretty easily.