And experts said that was a good idea.

Looking for any ideas on how to best approach this.

If you ever want to connect and learn more about the turn-key world and swap business ideas, let me know, Id love to connect! 

I would caution on having a high deductible / inadequate coverage policy with a property in Athens.Dan, a comment you made that I don't concur with is the cap ex on a new build of 300/month, unless it was a low quality builder (I have no idea who the builder on this property is). 

I also really like the idea of building a brand that you could sell.

While I have a rough idea on house hacking as a whole, I would like to know if there are some helpful insights on the Utah market specifically.

Hi @Katherine Lewis, good idea!

Great weather, people and food ;) Any idea about the market there?

Certainly not impossible, but the multifamily market (especially for larger properties) is pretty active and below-market purchases, while possible, don't happen as often as they might in the smaller property space.Pro tip:  If you still like the idea of purchase cap rate, use stabilized yield on cost instead. 

Some items might hold more weight than others, but you guys should sort through that together.You also might just do the partnership deal by deal - sometimes jumping into a partnership before you have officially worked together is NOT the best idea...