I did not dive into your numbers extensively, but 1.9% CoC return is not nearly enough for me.Good for you for not trusting the seller’s rent estimates!

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Have you noticed any particular areas or property types in Vegas that perform best for MTRs? 

No licensed broker may pay a fee or a commission or any part thereof for performing any act specified in this chapter or as compensation for a referral or as a finder’s fee to any person who is not licensed...The statute in this great state even cites relevant case history.

I think I stretched my DTI with the house purchase I did 2 years ago.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

FF is revamping their website (among MANY other changes), especially after the new CEO came on board a year ago.I have noticed that MTR operators utilize the platforms very differently from one another and most do not know how to take advantage or optimize for better performance.

For instance, a property in Windsor Terrace purchased in the year 2000 for $140k is now worth $1.2 Million, conservatively.A more recent purchase, a Brownstone I purchased in 2015 for $900k and renovated for $300k, so all in for $1.2k is worth $2 Million now.Do keep in mind that past performance does not indicate future performance.However, these kinds of numbers are very typical from 1998 to now.When I was teaching, I used to ask my Investor Students, "What is a Bargain?"

I've got pretty extensive experience working directly with Latchel who is contracted by the company I work for. 

Hey Dina, The extensive repairs discovered during inspection could ultimately provide a tax benefit by increasing the depreciable basis of the property.