Most of the time, you’re looking at prices in the $150k+ range to get that kind of rent.Additionally, the economies of scale really do come into play when it comes to comparing single family vs. multifamily properties.

And what is your price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, 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, from the MLS, includes ALL property types and price ranges.

If your household income is more than 5 times monthly rent, a guarantor may be an option in lieu of a sufficient credit score.

(The bulk of the problem is Nimby-ism and local regulations that prohibit sufficient building of new homes to meet demand.)

Additionally, a lender deposit ranging from $20,000 to $100,000 is necessary, along with a rate lock-in fee that typically amounts to 2% of the loan amountIn the process of raising equity, it's crucial to be diligent while filling out necessary forms and securing required verifications.

Transaction volumes will continue to be slowed, but homes that are priced in the $160,000-$250,000 range continue to perform best right now for resale.

As a resident (who travels a lot) I would say the Midwest does not have the attractions like palm trees & beaches (the great lakes are cold) or amazing mountain ranges, which often come with some disadvantages like high cost of living or hut/humid weather, stroms etc. 

Currently I think 200k being the upper limit of investment makes the most sense and is within my risk tolerance range.

I have a 2BR on the front range in CO and half of the time it is just parents and few kids.