Like I said I am new to this as well, so take my advice with a grain of salt.

I've lived in the Salt Lake Valley for the last 14yrs.

Please take his posts with a gain of salt and know that anybadgice regarding construction or  Nvestmnets may likely not be accurate.

With that being said I’m looking for A licensed GC with experience in doing rehabs under a 203k loan in Salt Lake City Utah.

Going prices for trendy areas in Salt Lake seem almost out-of-control.

I'm mostly looking for a lawyer in Salt Lake to help draft an operations agreement for an LLC .

And keep spraying it with commercial grade round up .

I wouldn't have noticed it if they hadn't of tried to touch it up with white spray paint and got over spray on the beige siding.  

This strategy may work for you because a) the reduction of monthly debt service on your current home may allow you to rent out your current home for a decent cash flow b) the low down-payment requirement (3.5% last I looked) on FHA loans would allow you to tap only the cash you have on hand and purchase a new property.Pros: Most efficient use of available liquid capital (from the brief snapshot you have given me)Equity in current residence could later be tapped to help you remodel and build equity in second purchaseCurrent residence may cash flow well once rented (not enough data to verify)Cons: Require you to moveHave to pay refinance closing costsThere will be time that you are paying both mortgages while you are looking for a suitable renter, but if you plan this for PCS season for the large number of military installations in the area your risk here is greatly reduced.Please remember to take this with a grain of salt, I do not have all of the details of your situation and you should talk with your spouse and lenders to ensure that this works in your situation before executing this strategy.I hope all goes well for you,Allen Fletcher

Even if they never sue, having the possibility of prospective tenants hear them rant about it doesn't reflect well.I had a tenant that had no problems voicing his "opinions", even when I had the pest control guy there spraying.