I would still screen the tenants just like any other one. 

What size MTRs? 

I'm a bit over budget on those at the moment - looking for ways to bring those costs down though.Todd - Gross revenue for other similar sized units in the area are between $25,000 & $30,000. 

Vetting and screening vendors, ensuring your vendors are licensed and insured, maintain all necessary permits and licenses, maintaining appropriate insurance,  requiring vendors to list the deed holder as additional insured, execute contracts with indemnification clauses, being an active owner or have a PM who is actively checking on your properties to ensure there are no premises liability issues or property conditions that could lead to claims.

Quote from @Jeremy Burnheimer: There are six things required to classify a space as a legal bedroom:Minimum bedroom size: At least 70 square feet, but local code may require more.

We also do all the integrations for you as far as your marketing tools (Cold calling dialers like CallTools, websites like Carrot for example) as well as provide great customer success training showing you and your team how to use the system.I'd be happy to do a screen share meeting to show you or anyone on the the thread around and see if its a fit for you at this point in time  

I justified the high prices in my mind because Kris seemed to really care about people and it seemed there was so much abundance in his offering that profits would follow no matter the size of the investment made.I learned over time that what Kris really does is sucker people into giving him as much money as he can squeeze from them. 

If you want, I can schedule a short screen share with you so you can see things from MY personal account. 

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, 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 is from the MLS and includes all property types and price ranges.We're observing the typical seasonal slowdown in prices and inventory that starts in July because fewer people are buying properties and moving as school resumes in mid-August.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had a slight drop MoM ($1.19/SF vs $1.20/SF).

It's best to start working for another PM and learning the ropes and liabilities around leasing, screening and maintenance.