Unless you're buying in downtown SLC I think 3/2 houses are your best bet.

I can also see continued education required.Place your bets!

I bet you will find expenses higher than stated ( will be 50 to 60% instead of 44) and you will find deferred CAPEX that needs immediate attention (probably in the few tens of thousands or more total.If going rate is a 10 cap then to resell to a buy and hold investor for an already stabilized property I would price it at an 11 cap.An 11 cap is 200,000.

And unless you've got a ton of cash to finance these opportunities, your best bet in such a short funding timeframe is to obtain a hard money loan.In many cases, particularly in the case of short sales or foreclosures that banks are looking to liquidate before years end, sellers want to move quickly.

I would also bet they would have done a much a much better job if I did this but I don't have time for that.

Staying at or within a couple hundred dollars a month of Sec 8 schedules will be a safe bet, usually goes up to 4-5 bedroom rents. :)

The second you co-mingle funds or break any of these strict guidelines, the IRA will come after you with a nice tax bill.

I have a family interested in doing a lease to purchase on my house. I want to create a contract that is both fair to my tenants and advantageous to myself, and also meets the legal requirements for such contracts ...

I bet you'll enjoy it here!

They get listing data from each MLS free of charge - a service that is paid for by Realtor fees and enforces strict guidelines to ensure accuracy.They then put together great front end search tools to attract lots of buyers as well as marketing the heck out of their service.They take those buyer leads and sell them back to Realtors.