Choose an area that you believe would have a lot of your #1 choice and become the expert in that area for the chosen #1. 4.

@Tim EhlersI live in the NW, and while prices are better than LA area, I still found the barriers high enough that I have chosen to invest entirely out of state. 1.

Or, the seller just might have chosen another offer for some other reason.  

I have chosen somewhat recently to direct my attention toward single family flips but keep getting some awesome deals sent to me through wholesalers in the area.

You are not still getting a 10% ROI because your principle payment is your cash that you have chosen to invest in that property (forced by bank or not) you could refi that cash out to invest elsewhere are you could sell and invest the cash in something else.For buy and hold RE you should use return on equity (ROE), that is value of the property minus the amount owed. 

This will tell other folks in this board the various markets they may know that could suit you better than just Las Vegas.Another thing I'd like to know are you local to Las Vegas and is that why you have chosen that region first to attempt investing in real estate?  

I have only bought with a broker but I've chosen those in the investing arena that are smarter than me so I learn from them as I go.

When I have compared the two to clients they all have chosen to go HomePath.Talk to your broker and see what the payments for each would be, they should be able to give them to you in no time.

I already have a make up of the path I'm going to take to enter into Real Estate, but I am curious on what path people would choose (have chosen) if you were in my shoes.

I've chosen for now to forgo an LLC,  but I am carrying plenty of insurance,  and (hopefully) the correct kind.