Yes, I could scale up quicker because of the low costs, but I'd much rather have a smaller portfolio of higher-profit units.If you intend to self-manage the property, I'd immediately cross out everything that is more than an hour drive away.

David Green at BPCon 2023 indicated his accountability group had annual cost of $50k with min net worth requirement of $20m.  

You can cross collateralize other properties into it 

If not, look for a different market.You can also read "Long-Distance Real Estate Investing" by David Greene.

If you have any doubts on the numbers, I would connect with a local expert like @Josh Green. 

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.

@Jonathan Greene wow, slamming all PMCs in general?

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF showed a slight drop MoM, which is surprising considering the decreasing rental inventory and time to rent.

Quote from @Jonathan Greene: I am curious why you have made the same post in four separate forums and think it's not spam.Hey @Jonathan Greene,Totally get where you’re coming from and why it might look a bit spammy.

Fingers crossed that it closes soon and keep my losses a little lower.