Purchase price: $122,000 Cash invested: $41,000 Single family home.

The median sales price of Las Vegas represents the middle point of all homes sold—half sold for more, half for less.

Clearly an opportunity to invest in a more landlord friendly state than NY.

I can price and use AI all I want, but I'm wondering about real life experience what to expect?

I would be much more specific on pricing.

Greatest thing about these platforms (Airbnb, VRBO, etc.) is the you get to see all your competitors, their pictures, amenities, pricing, etc. 

Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!

If Airbnb is your best option, choose a location with high occupancy rates and optimize pricing with dynamic tools like PriceLabs.

A key lesson here is buying at the right price; overpaying by $15K can make a big difference.

Some are on septic and well systems and not regular water and sewer.The more you go suburban to urban core with upgraded construction the more the cap rate tends to drop but generally better loans available for well located assets and a strong tenant.Without knowing expected proceeds from the exchange, if you will add additional funds to the down payment, what purchase price you are wanting, what area of the U.S. with cold belt versus warm belt states, etc. it is hard to comment further.