For instance, the term could be 3 years and add a clause that says they have to return the property to the condition it was in when they moved in, not just keep their deposit. 

Did you move forward with them? 

The key to purchasing more real estate is by focusing on the fundamentals of the real estate.

MLS photos are intended to make the property look as good as possible, that's why actually going there is key in pulling accurate comps.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

For example, if the loan officer asks you what your monthly payments are and your mother-in-law moved in with you because she is struggling financially and you are paying her car payment, don't share that you are paying her car payment every month.

Or even a contractor that does large additions and then move towards ground-up stuff.

Market Demand: Buyers love move-in-ready homes, and flips are often the most attractive properties on the market.

Quote from @Chris Seveney: Quote from @Robert Adams: As we move into February, the Las Vegas real estate market is showing positive signs of recovery after the holidays and the conclusion of the presidential election cycle.

I am ready to move forward with a cashout.