My fiance' and I are in our early 50's and looking to build our retirement.

With the hefty down I'd aim for a lower I/O rate of 5-6%..Conventional terms would be in the high 8%'s.

Check title companies in Las Vegas and see if they cover the entire state.Here:'s a post I did on Subject To that may helpUsing Subject To, to Get Properties https://www.biggerpockets.com/forums/311/topics/1060320-using-subject-to-to-get-free-properties-a-quick-guideline 

Quote from @Lydia S.: @Eli KingThe seller would need to contact the servicer of their loan and confirm it’s assumable.You would then need to qualify with that servicer plus have the funds to cover the difference between what remains on the loan and the purchase price for the home.Thank you, Lydia.

I’m basing that more on things like W2’s being issued by a business versus what was reported by the person who received it - but I imagine it extends to all types of transactions.you are flirting with danger though.  

Quote from @Slade S.: I am not an attorney, so don't take this as legal advice, but I had a lender tell me that financing with a DSCR compliments holding a STR in an LLC for liability purposes.Financing an STR held in an LLC with a 2nd home mortgage that reports to your personal credit creates a hole in the corporate veil per se.On the other hand, financing an STR held in an LLC with a DSCR loan that is qualified only by the asset's income offers much more separation of personal and business liability.This is true!

@Tom S.

The downside is that borrowers would be required to pay the mortgage on the full cash out amount from loan inception, the benefit would be that the actual interest rate could be closer to the 7%'s than the 10-11-12%'s (also with an interest only repayment option) and the need for a new mortgage (second loan on the target acquisition) could be eliminated if the equity position on the refinance is large enough.

Quote from @Jeff S.: Oh I see @Jay Hinrichs the old stuff seems harder to access not sure sorry not to read your whole question. i have wondered that about the older ones too, they were better more realistic. thanks Jeff  I guess I will wait till monday to ask someone at BP world headquarters there are a couple of vintage ones I would like to check in on..

. $250 all in all after one month, my total expenses were: $6253.45That is not included some expenses I had not included here (Washing machine fix, landscaping, etc)The moral of the story is that S*** happens.