If you get help and look in the right locations, you can make the numbers work and still enjoy the property with your family.Very insightful @Mark Waite.

Let me know if you need more insights—this area has been my focus for years!

I’d love to hear about your goals and share insights if I can help.

He has some great data and insights on the Vegas area.

The higher credit, higher income, gainfully employed S8 tenants are choosy about where they live and do not want to live in a bad, high crime area.By buying in an area that appeals to high quality S8 tenants, the arbitrage that you might see between S8 being higher than market might disappear.So that being said, it’s more important to lead by location than strategy.Happy to talk further if you like.  

@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.

Very interesting, good insight.

People of all experience levels come and share their insight!

But when it's equity gains, no tax, only at time of sale and if you 1031 Uncle Sam let's you continue to use that tax-$ for investing purposes.

Thank you for your time and insight!