Buy a fourplex, live in one and rent the rest.

Residents must settle overdue rent before moving.The Section 8 housing voucher waiting list is closed, with a wait time of three to five years, but Dosker Manor residents are being moved to the top of the list.LMHA has 2,800 apartments citywide, with 1,500 past due on rent, but no evictions for non-payment in four years.

That's how people get over-leveraged and into trouble.If you want to invest, do it the old-fashioned way: increase earnings, reduce expenses, save, then invest.

I agree, it has a lower cost barrier to entry than a lot of other cities, but gets really good rents so cash flow has been a large driver for real estate investors to this area.  

Best way for collecting rent, security deposit, etc. with 1 property.

Or should I raise the price of rent to match the current rate in Denver?

I have been looking up a lot of properties in Northern Salt Lake County and Southern Davis County for a good move in and rent out other property and also a trailer to pay cash for to save money for down payment on a second place and etc.

If he files a transfer deed to the Land Trust or if he "sells it" then property taxes increase, the change in hazard insurance becomes a tangle.I wouldn't give authority to a bank person to collect rents, file evictions, deal with repairs... there are set up costs and on-going management costs.

Personally when I rented I never wanted my landlord bugging me but they don't care if my husband ("the handyman") is there all the time.

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