[quote]We are in escrow to buy two side-by side condos for $335,000 each. 3 Br, 2 Ba, double garage,
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What’s the AGI of your average tenant pool there?

$1500/month on 335k rental, that’s like 5% before cost… Not necessary better than here in SD.

For comparison. San Diego Mira Mesa 1/1 condo is $330k and rent is around $1850+/month now. And you only need to deal with 1-2 people tenant and someone with an AGI of $90-100k/year at least before RSU/stock/bonus.

So I wouldn’t say this is a huge advantage in UT from a cash flow perspective.