There is a cost to prepping the home for burning which includes removal of all hazards and permits.  

If all that happened I suggest you start including dryers with the properties.

We currently own 13 rental properties and have paid off all loans/mortgages including our primary residence. 

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes ALL property types and price ranges.

Good point - should have included that.

@Thomas Polise has multiple STRs there, including one that is a four-plex in the middle of town.

It's a good little loophole for a short-term rental of your home, including renting it to your own separate business.

Agreed- with a long term rental you can be very clear and upfront about all the nuances/quirks of the property and what is included because the transaction has far more direct communication.

That hard work includes making the investments that the current owner hasn't made (nicer kitchens, new flooring, fresh coat of paint, etc.), removing tenants and marketing to new tenants.

Hi Jessica,I think there are dozens, myself included, and many who now have construction loans outstanding.