It’s definately illegal in unincorporated Clark county (which somehow includes several small towns, I guess they aren’t incorporated.) and within 600’ of an existing Airbnb in Las Vegas.

I have the tax aspect covered, though indeed valid points in most typical scenarios! 

Greetings BiggerPockets forum members! Excited to be posting on this most-relevant website, particularly after spending hours reading and listening to podcast and RE research information. Good stuff here for sure.I'm ...

My gut says that if I can find a strong team and property manager that I can trust, I can make it work - but given my lack of experience with the "hands-on" aspect of home ownership, I'd like to get a second opinion.

I still keep some SFRs in my portfolio for the control aspect but not adding to that position.Passive syndication would give you access to experts, niches and geographies you know you should be or want to be in but don't have the time, expertise or even interest to be active. 

That’s a 6.9 percent increase and 1.2 percent above the national average.There is no way on God's green earth that the median home price (median being defined as the mid-point between the lowest price and the highest price) in these towns is $442,700. 

Hi @Patrick Gault,A lot of this depends on both on your time frame (for your first withdrawal) and how you define "low risk".If you are looking at needing the money in less than a year, the only "low risk" option that I am aware of is keeping it in cash. 

Focus on the leverage aspect instead... if you're making that money you're smart enough to figure out why I say that ;) 

The one sticking point for me though, is the aspect of adding a kitchen.

I am the director of operations for the company, which means I am responsible for most everything that involves the business.As a contractor, we have crews to handle all aspects of home repairs and remodeling.