Las Vegas is on the verge of a market over-supply of housing, and that will produce a large price drop. 

I have an airbnb and the numbers are WAY up this summer, also manage another clients airbnb and both running almost fully booked up this year maybe the registration hurdles have lowered supply. 

You can then determine the best time to sell based on your own personal situation as well as macro supply/demand factors at the time you wish to sell.

You need enough supply/demand to actually create liquidity.

If the owner wants to supply materials its his right.

Then supply and demand begins to happen, when the masses begin to think it’s too hard and go chase the new thing, supply and demand happens again.

HUD 'Fair market rent' for 44306 is $1230 all utilities included so you ought to get 950ish from section 8 if you don't supply any utilities (Hud small area fmr is 40th percentile rent in the market).

Deegan and @Arda Bircan There are technically 7 Tests for Material Participation (but 3 that are most common) -> the individual 500 hour mark, that the activity of the individual is substantially all, and that the individual participates more than 100 hours + no-one else spends more time than them.Litmus Test: Are your hours integral to the operationsThe hours that qualify must be substantially all hours and have a legitimate impact on the rental activities.Activities that generally count: showing the property for rent, taking tenant applications & screening tenants, preparing & negotiating leases, cleaning & preparing the units for rent, repairs, and improvements, managing the construction, purchasing supplies & materials, inspecting the property, responding to tenant complaints & inquiries, collecting & depositing rents, evicting tenants, writing & placing advertisements, and working on your websiteActivities that don't count: education & research, investor-type activities, and travel time..

Especially since you have so much help.A rented sander and supplies will cost you about $300... all the rest is labor.

Months Supply of Homes for Sale increased 46.7% to 2.2 months                                                                                                          View the full Charlotte report: https://marketstatsreports.showingtime.com/...