I plan to create a diverse portfolio by some point in my life but feel that the best investment so far to start in is real estate.

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This will create thousands of additional jobs, which will attract more people to Las Vegas.To summarize the Las Vegas situation: There is continually increasing demand due to population growth for an almost fixed number of homes.

A typical 'rent to own' scenario constructively creates a contract to purchase. 

I’m very bullish on Passive Investing and creating multiple streams of income (mailbox money as some would say) and see this route as an effective way to achieve that. 

Make sure to research local rates for cohosting and management services to stay competitive.If you're doing this as a side gig or part-time job, it’s essential to time block, create systems, set expectations with property owners, and establish boundaries to ensure a smooth experience for everyone involved.We opted not to pursue rental arbitrage for two key reasons: dealing with landlords and the significant upfront costs to set up and run a profitable STR without the benefit of property ownership.

We ended up closing at 240, but I believe we could have easily gotten 260 if we had listed at 249 and created a bidding war.I hope this helps!

Purchase with a Fanne Mae HomeStyle - put only 5% down and get all the money to purchase and all the money to renovate and to create equity. 

For example my simple spruce up would be, renno bathroom, and kitchen, paint, and redo carpet upstairs.But if i think real deep into what I could do to make it a STUNNER then I think, knock down walls, create more open/broken floor plan, add central air, possibly do an addition to add a 3rd bedroom and second bath.So when you could do ANYTHING .. how do you draw the line of what you should do?

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.