They seem very similar in that they handle emergency and non-emergency maintenance calls and, critically, even dispatch contractors/service-people with minimal intervention from me.

And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

I prefer the areas just outside the city limits where regulation is minimal and prices are significantly less.   

let’s start with the premise that a successful brrrr has minimal costs and an ideal brrrr has no cost (all investment extracted via the refinance).  

(It is worth noting, I am not a lawyer so cannot advise you.)1) This option would minimize paperwork and provide good protection.  

This approach enabled us to move forward with minimal delay, giving us the flexibility to work efficiently within the timeline we set.

What are some ideas should i explore so that I can minimize the financial loss in this situation especially given I cannot refinance even if the rates were 0% as my property value won't appraise.

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.

I've spent the last year or so (on and off) looking for my first investment property to house hack but have had minimal luck.

Minimal non-payment of rent from tenants, lower expenses due to common areas being closed, higher occupancy rate as a defensive tactic.