Our original and adjusted basis on each property falls in the $400s and the Cost Seg studies are being quoted in the mid-$2,000 range per property.

Keep this ***** growing, you'll stay busy and you'll own some of the best stuff you can in that monetary range.

Wondering if this is a normal range for about 50 single family portfolio.

So inventory would have to quadruple just to get into "normal" range. 

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.

I mean, once the deal is inked, then I'll be in charge of a syndication and contractually bound to certain things, and even with good property management in place, I assume there will be some headaches (especially as a newbie).

As an example, you may have a property that one of those systems says has a "value" of X (let's say $500K), and they have all sorts of nearby "comps" that are in the same value range.

He specializes in providing financing solutions for a range of projects, including bridge loans for 1-4 Family Investment Properties, Multi-family, Mixed Use, Ground-up New Construction, Fix & Flip, Fix to Perm, and Bridge to Stabilization.

I know a local mentor who has a wide range of RE experience, but with mixed results on her level of success.  

However, assuming the OP did get a bad deal, then a number of possibilities exist, ranging from Ohiocashflow sells overpriced crap to unknowing investors to EVERYONE has a lose once in awhile.