@Brandon Carriere I was trying to see what the monthly trend is for the inventory numbers in las vegas?

Markets like Austin and Dallas are on fire when it comes economic and demographic trends but they aren't good cash flow markets.

Before the visit, check market stats and local trends. 

I appreciate the insights, sorry it took a couple of days to reply. 1st, I was planning on wholesaling the property, so I knew my ARV was solid at 200-210+ (depending on finishes and market trends during rehab), and I had an experienced flipper/contractor ballpark me 150k to rehab the property, 100-110 if he was to do it himself.

If you put stainless steel appliances, tiled floors in the bathroom and kitchens, finish the basement, and put granite in the kitchen and are in a half decent neighborhood, your units will rent a lot quicker.

Hi, I am completely new to this business but I am very excited about it. When looking to flip a house or invest in a rental, how do you tell whether or not an area is up and coming or becoming more of a ghetto?ThanksRay

It's a small college town, but it's been really trending lately.

I don't think the market compensates you enough for "newness" vs. the extra cost and complexity of building.There was a good article on Bloomberg about this last year that's worth reading to get a sense of the bigger economic forces/trends involved in this, America Needs Small Apartment Buildings.

If you're at a lower price point, people are pinching pennies.. and that's another expense the buyer will have to pay for... definitely black or Stainless Steel,  maybe even check out CL for a used one... same thing for WD... 

There are advantages to both strategies, mostly depends on the specific market/neighborhood and how the demographics are trending and what the comps are like.You're already at $9,375/unit, a $100/m increase will give you an ROI of 12.8% off of that $150k, which isn't bad, but not incredible.