Utah connection: just over a year out

[Carlin Barney]

Hey Utah BP members! 

Nice to meet you all. I’ve had this account for awhile. I’ve just been keeping current while I finish PA school. Now I’m hoping to add more to this forum. 

Been analyzing deals and trying to find my niche I want to start in and boy is the Utah market a tough/ intimidating one to get into. 

Right now I'm thinking of a house hack in a SFH with possible basements that could be renovated into a MIL-A (finished or unfinished) maybe with an FHA loan or FHA 203k. Admittedly I don't know where the numbers will work, I'm pushing margins in the salt lake valley and nothing I've analyzed yet is giving me the COC that I would like or feel comfortable with.

Curious to learn from others who have been successful and use this time as a learning period and really use it to hit the ground running when my partner and I eventually pull the trigger!