But my thinking is trying to find a good agent who might find some off-market deals who are willing to work with me unless it’s seriously not worth the effort.FHA vs.

I showed them and they looked nice with good car, good dressing. 

Good luck. 

@Eric Worral Those are super good suggestions!

Given this cashflow, probably I would be paying out of pocket for vacancy, CapEx, etc for the first few years until it's a good time to refinance.

Hi All,I am planning to invest in a house where rent vs own ratio as below:Rent 16% & Own 84%Is this a bad thing that there is only 16% of the people renting or is this a good thing as there is less people who rent so quality of tenant will be high ?

Highland could be a good option as well, but it is more difficult to find a lot of good options in that price range, as well as having a slightly smaller renter pool than most of Lehi would have.

The dangers are local laws and regulations, and running a good, tight ship so that your neighbors are happy.

If anyone is interested in getting into multifamily deals I would say go big early (100+ units) as my best advice to you, find a good sponsor and experienced operator (between my partners and I we have over 2k units now) and you'll actually experience less risk than if you go from single family, to 10 units to 50 units to 100+ units over time.Hope that's helpful. 

Investment Info:Single-family residence buy & hold investment.