I created a "sacred space" as it were, with calming music, candlelight, hot tea, etc... and for 1hour/week I listened through 1CD.

A lot of condos here in Las Vegas run into trouble with financing because the owner occupancy for the community is < 50%, but generally speaking the bank should tell you precisely why.If you don't want to put any cash down, you can research creative financing techniques here on BP, but the more creative the solution, the less appealing it is (generally speaking) and is a tough sell in a hot market. 

I have yet to see anything put out by those 3 gurus that is current with the new requirements of seller financing or options, so you can take much of those old ploys in their material and heat hot dogs in a bond fire!

My properties are in PA as well SFH and 2FH, rents vary 425 - SFH - 450 lower level and 550 upper level of 2 family. the SFH has a washer and dryer that is free for the tenants ( put it in when my daughter went there ) and the 2 family has 2 stacked washer dryer units, coin operated, with a coin machine next to them. both properties i pay heat, water, sewer, trash and internet, tenants pay for electric / also includes hot water because hot water heaters are electric. ( 2 family has 2 heaters, make sure you separate them.

Finding a builder in a hot market is difficult, especially one that can handle a project of this size and will allow you to make a profit.

Phoenix is hot right now but there's still plenty of deals.

This is a big indicator as there are a few areas where 350k MFH don’t have much traffic, it’s just not the hot & booming areas.

Originally posted by Account Closed:I dont know but I saw a unicorn run by right after I read this post.The market is too hot, the GC's are too busy, and the business will come to them one way or another so they dont have to offer you cheap prices or trust.

Smaller traditional wood cabins lost in the forests or larger more renovated "HGTV" cottages on paved roads, views, hot tubs, proximity to town/amenities (and micro-brews!)

The next step would be to work with the Realtor and determine the hot markets, in your County, with the greatest number of sales over the last 90 to 120 days.