In search of yield in SLC
Is anyone here actively buying rentals to hold in the Salt Lake valley right now? I'm looking around and having a difficult time seeing anything that will cashflow at today's prices. Given the market fundamentals in the valley, I feel fairly confident that we'll have good steady appreciation in the future, but I'm not comfortable investing in anything that's going to have a negative cashflow.
If you are buying rentals right now in Salt Lake, how are you handling this?