So glad you've rediscovered Bigger Pockets early in your real estate investing journey...sounds like you've got great experience that will benefit you in big ways when you launch this side hustle. 

However the luxury high rise condominium frenzy is still going strong with expected high returns on these pre construction developments.The best advantage for real estate investors right now in Las Vegas would be high rise investments and cashing in on the other investors who purchased without a great deal of capital reserves and purchased properties using adjustable mortgages which are now starting to adjust and most cant afford the new interest rates.If you would like to find out more about our Las Vegas market please go to our website.

I first posted in this forum a little over a year ago. With high ambition I was semi determined to try something. Sadly though I let the intimidation of getting off the ground get to me and I fizzled out fairly fast. ...

If the investment is a rental property, the IRA with with a least 30%-40% of the purchase price will qualify for a non-recourse loan.If the the investment is a single family home, generally 30-35% of IRA funds are required.If the the investment is 2-4 units, generally 40% of IRA funds are required.If the the investment is condominium, generally 40% of IRA funds are required.If the the investment is multifamily, generally 40% of IRA funds are required.Typical Loan Terms5year ARM10 year fixed20 year fixed25 year fixed$50,000 to $55,000 minimum loan amount is the common figure.Average closing time-frame is 30 days with a non-recourse loan.

Also, nobodies claiming that you NEED a college degree to be successful; many have taken college courses at a very low cost thru Coursera  or EdX and and acquired the fundamental knowledge necessary to launch a successful business.  

Furthermore, recently another unit in the condominium with same distribution of mine went to $190,000. 3) After 2 years, the PMI may be removed once LTV reaches 75% or below, but a new appraisal will be necessary, because the last one expired on September 2019.This regrettable experience made me review the Homeowners protection act of July 1998, but they talk about original price.

@Josh ThamesGood afternoon Josh,The reason condominiums have potential cash flow which might favor investors is because the condominium no longer meets FHA/FNMA/FHLMC guidelines.

This condominium is coming in late spring 2021....0.3 miles from Anacostia Metro Station.

With this particular deal I was selling entire buildings, not just individual units, but they were within a condominium and still subject to association fees.

Hi BP landlord community - My team and I are planning to launch a Do-it-yourself property management Alpha/Beta website in the upcoming weeks.