I recently moved to Park City and would love to build connections with other real estate investors in the area.Seems like rents are extremely cheap in SLC.

In fact I was able to buy a lot of index funds in 2008 and 2009 because everyone was selling and I was buying cheap.  

Roofing is cheap.

Flatscreens are cheap nowadays compared to when most of these homes were originally purchased.. in my mind, this should be a given. 

And well a little deeper into what I really have on mind/my plan is to hopefully find a owner occupied multi-family to live in until I can refinance to a regular conventional loan to than be able to get a new owner occupied property with a new FHA loan.I guess what I really want to find is a cheap/low purchase price property that is in less than in perfect conditions that has the potential to get me a good after repair value to create some equity on the property right after the repairs, preferably a multi-family, but if the numbers are good I could do a residential, I want to do this using a FHA or 203k FHA loan.I am trying to find a way to do this and the best methods.

The big play is to find the next states to legalize and buy up cheap industrial buildings there.

Another factor is how cheap you are able to get the house for.

I understand that I won't be building any equity by purchasing a leasehold, and I do need to get additional permits and pay additional taxes if I want to do this legally.The reason why I would want to do this is because it's cheap to acquire a leasehold condo and the monthly revenues from rent could easily take care of the mortgage, lease rent, fees, and taxes.What things am I not looking at?

At only 1PT, and 6% interest it's a great resource for cheap money.

What's the best way to come up with a solid contract that a good contractor would actually bid on and sign.Also, fast, cheap, quality ... choose 2.