Sharing an article published just last year on BP on this exact question:Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF remained unchanged from March, now at the highest level in the last 13 months.

The most relevant exceptions are the last three above in bold.Theres a lot of noise about the topic and its very confusing but the above are the actual rules atleast regarding conventional fannie/freddie financing. 

They have a real estate specific version and while it's $700 a month + $2k setup fee, it absolutely blows everything else out of the water as it's tailored specifically for real estate agents.Here's an article from realgeek about it: http://www.realgeeks.com/blog/infusionsoft-marketing-real-estate-agents/

I even seen an article with Forbes stating they are on there 2024 list of  best in the world  😲 I sent them a email so hopefully they'll get back to me soon.

It helps determine if the project will meet the desired profit margins.CoC (Cash on Cash Return): I find this particularly important for fix-and-flip projects, as it measures the actual cash return on the cash you’ve invested, giving a clear picture of short-term profitability.Cap Rate (Capitalization Rate): While more commonly used for rental properties, it’s useful in understanding the potential income from a property relative to its price.IRR (Internal Rate of Return): This is a great metric for longer-term projects or those with varying cash flows, as it takes into account the time value of money.Some investors might overlook metrics like AAR (Average Annual Return) or EM (Equity Multiple) if they’re not as relevant to their specific strategy.

Set up Keyword alerts, since you're in Santa Barbara you can set up an alert for "Santa Barbara" or "Southern California" or "beach" to be alerted when someone posts on the forums that may be relevant or interesting to you! 

There's still ways you could get away with it at a higher confidence level but it's not 100% fool proof.See news for more on Marley: https://www.wtsp.com/article/news/local/pinellascounty/st-pe...Feel free to DM if you have further questions. 

I'll shoot you a DM with the relevant stats.  

This way, you can be updated on relevant topics and connect with experts in the strategies you are interested in.All the best as you look to expand your portfolio!