Too many new investors think that real estate is all about the cashflow.It's NOT! 

I am a real estate agent trying to make new connections that is looking into property investing in the future. 

If investing in real estate was easy, everyone would have passive income.

You purchased $500K in real estate. 

It’s incredible what you can accomplish when you focus on creating value and solving problems in real estate.

Combine those factors and start thinking of nightmare scenarios, because they are very real and you must be proactive in policing against there potential to occur. 

I live in the Las Vegas market and have investments and a real estate brokerage in Henderson.

The general idea is that you must acquire an interest in real property you do not already own, and since you already own the subject real property you want to build on, the transaction must be structured so that you are creating an interest in real property you do not already own (in fact, it does not yet exist).

At the time they had a real estate degree (they probably still do).

You should be going to real estate investor meetups to meet other, more experienced investors, instead of looking at markets farther away before you really know what you are doing.