It has a fence that we verbally agreed we would honor as the property line when we purchased it without a survey and the fence line gives us more space in some areas and the neighbor more space in areas when compared to the legal property lines. 

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).

I am a multifamily broker and I understand the space very well because I have represented over 100 clients at this point.

They offer all of these bells and whistles to sell you a grossly marked up home that they set the sale price and then knock off (Ghost funds) fake credits.Then if they leave that area and do not build any more high priced homes guess what happens real fast.

@Ali Ahmed I am not affiliated with @Mark Ainley but you may be able to find the list he referenced here on the Straight Up Chicago Investor's Podcast website.

Generally if you are looking at a rate-term refinance (i.e. less than $2000 cash-out or just refinancing into a long-term lower-rate loan but same loan amount) then you should be fine - if looking to cash-out on the refi - generally will need to wait six months of seasoning however there are a few lenders that will do cash-outs at the 3 month seasoning mark

Good question here for sure- I've been in the CRM space for a while and wholesaled before that. 

.: Quote from @Mark Cruse: This area has had hundreds of thousands of dollars in depreciation over a few months? 

A property manager would charge 7% to 10% a month, plus I am assuming a mark up on any maintenance issues that they coordinate. 

Crodian @ Yahoo.com — (no spaces between anything or even a call (eight one three) 252-0710.