See the 2020 aerial view below.Very little undeveloped private land is left in the Las Vegas Valley, and desirable areas cost more than $1 million per acre.

Overall, if that fits your desired situation, Toledo could be a great place to reinvest!

It is in a very desirable neighborhood with amazing amenities.  

So as a compromise to the tenants comfort level I felt that rather than making them cold by me forcing them to keep it 10 degrees colder than they desire I will allow them to pay to keep it as hot as they want it.

There are options on how to structure the deal to achieve your desired results.Generally speaking, a beneficiary who inherits an installment sale note "steps into the shoes" of the decedent and continues to report the gain at the same profit percentage.

Depending on the seller and their interests/desired exit, any down payment or terms is negotiable if they are open to seller financing.

I actually know contractors and flippers in Los Angeles who would gladly do the investment and construction with no desire to hold rental property.

There's been a lot of new building in the area which could have made the older homes less desirable. 

Another question to ask yourself, do you have the time/desire to learn?

The Fair Housing Act is what applies to privately owned property (with the exceptions Bruce listed above) and it forbids discrimination against prospective tenants because of their disability as well as race, religion, sex (including gender identity and sexual orientation), skin color, familial status, and national origin.