While I won't delve into the process of selecting a location for income reliability, I will briefly describe why I relocated to Las Vegas to establish my investor services business.Why Invest in Las Vegas?

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

Would love to talk deeper with any owners or companies looking to make positive changes in their portfolios.

To dig in deeper to your questions,: before COVID-19, most of the syndications I saw were presenting IRR in the 15% range.

I would take a deeper dive into the plan to see if you're missing something.

Page Blvd on the northern edge is still very rough though.As always, feel free to reach out for a deeper discussion. 

We will probably work on lower risk to start and dig deeper as we show success in our model but always looking for opportunities that make sense with the appropriate execution.

It buys you time to search for better financing options and it gives the seller a piece of mind that he/she will get paid sooner than later.Seller finance deals tend to have a larger % rate and depending on the seller, they may run credit checks and delve into your financials. 

The full analysis is needed if you are going to make something a rental, 50% rule is good for a quick check, but you need a deeper look to get accurate.

Seek a tax professional if you want to dig deeper.