I am asking what specifically — if anything — investors are making deals out of in SLC area, not generally in the US. 

You just need to get specific on a certain city in Texas and narrow down the areas that are properly zoned for the flex space inside that area.

This option would require assembling a local team as I'm considering forgoing a property manager.D) Invest in a Better Maryland Area: The goal would be to find a property with higher appreciation potential, though I'm aware that the cash flow might not match what I'm currently achieving.Given the unique circumstances of my current investment—significant appreciation, a specific tenant base, and a low mortgage rate—I'm weighing these options carefully.

Also, if you have an HOA just make sure, their specifications are also included. 

Depending on your specific situation, they may or may not apply. 

With the number of available properties being that low you could honestly analyze every one of them so the specific zip codes and areas aren't as important as if you were looking with criteria that offered hundreds of results.I'd recommend getting on the list for some local wholesalers to help and increase the number of potential properties that you are exposed to. 

Send me a DM if you want to discuss specific locations, getting connected to the right "team" etc.

If there is enough equity at the 6 month mark you could do it then but there may not be much of a tangible benefit unless there is a PITI savings.If you are able to do some renovation in the first (6) months it might be possible to do it on the 6th month mark based on a higher renovation ARV.If you have any specific questions feel free to message me or reach out I am always happy to help and talk REI.

setting this as a goal will give you lots of specific action items to do:-save up for down payment, closing costs, and reserves-talk to agents-talk to lenders-look at propertieshttps://www.biggerpockets.com/real-estate-investing/house-ha...

@Axel MeierhoeferThe sec compliance with this will have your head spinning as you would need to make sure each investor had equitable time to use a property as you cannot provide a specific benefit to two investors if in the same share class.If things go wrong with this or an investor gets upset and sues the risk you would be taking and the cost for D&O insurance would be through the roof to keep you out of prison.