IMO your starting point should be tracking down distressed (financial or physical) home owners and talking to them and attending your REI meetings.

The price and the fact that it is a multi-unit that is physically symmetrical.

It is a physically demanding occupation and not many guys have the ability to do work and then go home to sell, estimate and do their books.I think these tips for finding a good contractor will be useful to you.

One of our hard and fast rules Senad, is to never invest in a property we haven’t physically seen.

I've only been through a handful of physical evictions, and I've always been able to use my own guys to remove everything.

Realtor commission, closing costs (acquisition & selling), utilities, dumpster rental, taxes, insurance, and interest payments are some of the things that will eat away at your profit.Get some really good retail comps (not Zillow or any online estimate) by physically walking through similar properties in the area, and have your realtor pull recent sales.

We're set to come back to the States at the beginning of September and we're looking to physically live in SLC for personal reasons.

I physically moved with my husbands job unexpectedly and I found LV is too difficult to do from afar with all the competition.  

Especially RE investing requires physical work compare to others but when you see the return you will surely see the effort invested.

I will just add that digging a new well was not physically feasible on this property - let alone the cost associated with it.