Off the shelf rentals in anything close to decent condition aren't hitting the 1% rule anywhere in Utah including Ogden.The way we're doing it is by purchasing physically distressed properties and rehabbing them.  

I don't agree with investing in a more "stable" real estate environment.

I wouldn't call that a bad thing because the properties are seeing an improvement via renovations and there is a stable market for lower-income properties.I think the major perk to investing in the rust belt is the security in ROI.

I believe more in the diversified portfolio in markets that are more stable. 

    3-5x last years EBITDA might be a reasonable starting point, for a stable company with modest growth, organized operations, and clean books.  

It’s not the most stable line of work.Anyhow, a year ago I found some well paying consulting gig that could be done via my trusty MacBook.

I need to show proof of consistent stable income.I will have ~$50k saved by the time i am ready to buy the home, but will not have a full time job.

As long as you are financially stable and keep good cash reserves on hand, I don't see any reason why you'd want to let your money sit around unemployed. 

You'll need stable income for financing, unless you have a quality co-signer who's willing to attach their name to the mortgage. 

Or would it be easier to just dissolve the trust altogether and have her sell me the property on the premises that I get approval from banks that I can get a mortgage(the banks accepting my foreign income as legitimate and stable)?