Hi everyone, We are looking into a deal to purchase a 5 unit apartment building that currently operates as a short term rental.

1) Overhead showing red property line, then the front and then all of the inside, exterior at the end?

In my case the prospects claimed to have never heard there was any problems with pit bulls which was also a red flag to me as everyone knows this.

Russel, are you saying we are here on BP in an echo chamber?

At the moment we are renting in Mission Viejo California.

We are not meeting operational costs plus P/I.  

I know most of your comment aim at people who probably start with 20K and bring small properties. we are planing on investing 250k to 500k as a 25% down payment a year, hence the question.

A bit pricey up front, but we are long term buy and hold investors, so the savings on paying for tenant heat makes sense.In the 6-unit our initial thought was to install electric heat in the units, but that can be a hard sell in Maine even though I am not convinced that electric heat is necessarily more expensive than other options (we even did a comparison last winter in our 2-unit where one is on a propane boiler w/ HWBB and the other electric, and it was about the same cost per month).  

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes all property types and price ranges.

As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.