There are less restrictions in North Las Vegas and Henderson.The city is very protective of the big casino/hotel operators, and rightfully so. 

(Finance of America, Civic Financial, a few other players) They raised rates on there 30Y product about two weeks ago.

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally. 

This is why in addition to apathy that bad players get away with as much as they do as frequently as they do.

There have been some big players entering the PM market and a lot more interest in acquisitions of smaller PM operations.

Over the years, I’ve witnessed both newbie and seasoned investors get misled by various players in the real estate game, from wholesalers to contractors, realtors, property managers.

Or a bigger player like those. 

They can introduce you to all the local players you will need like property managers and lenders.Over time, increase your own personal knowledge and development with books, podcasts, and conferences on the topic.But finding a commercial real estate broker with a teacher's heart will go a long way to getting you started.To your success!

If you can network and find local players (FB groups, meetups) that could help speed it up

There are some players that operate thousands of SF homes.