Trying to get in the game.

I than thought it was tenants, all the "what if's"; what-if they have a fire, what-if there is a shooting, dead body, drug raid, break-in, squatters, feces art, etc etc etc.....   

Very exciting you are looking to get into the RE investing world.Thanks for the interest in Rent To Retirement.

If you get cat urine in the house, it can cost you 10x the pet fee to mitigate the odor.

I will die on the hill that the 70% Rule is flawed. 

They’ve already made a name for themselves in Mexico with projects that blend eco-friendly practices and thoughtful design, and now they’re bringing that expertise to one of the most popular markets in the U.S.For investors, this could be an exciting opportunity to work with a developer who consistently delivers quality and strong returns.Check it out:  Travel weekly by Northstar

I would say it could be done, just need to have the following:#1 - Have great overall knowledge of that market, and better than agents.#2 - Learn how to run comps so you know the value of the property better than anyone. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.

I have clients who have purchased multi family in Las Vegas and had great success over the years.

Well, of course it depends on the individual circumstances, the amount of time comitted and the capital available.

Congrats on the recent investment!