While it's true that many investors are drawn to the Midwest for favorable cap rates and the 1% rule, Las Vegas still holds potential, especially for short-term rentals like Airbnb due to its high tourism volume.

But after getting to a certain point in the process (keep in mind I haven't closed yet) I am left feeling extremely nervous with what the future holds on this property as far as some things go.

., while residing in Canada, then you would need to hold the assets in an incorporated entity.  

Investment Info:Other buy & hold investment.

That doesn’t seem like it would hold up  This is what the Regs say, in my reading.

Quote from @Lorraine Hadden: He also said to be fearful when others are greedy and to be greedy when others are fearful.Some people are holding onto their money, waiting for a correction so they can snatch up deals.

I regularly go to Mexico so I know first hand what's going on there. 

In terms of, acquisition costs, holding costs, renovation costs, and selling costs.I want to be able to minimize risk and not be surprised when some other cost comes by.Right now, this is what i've got:Acquisition costs:1. 

I am currently holding the bag with about 10k in repair work to get the line functional, but greatly fear the day the water district needs me to remove my sewer line.What would you do from here?

Investment Info:Small multi-family (2-4 units) buy & hold investment.