@Chris Oei - Well then, maybe this neighborhood investment opportunity could be spread among the SinCity, Las Vegas, and Henderson REI, REA, and REIclubs enough to attract a concerted and coordinated effort (to not artificially raise prices) resulting a sharing of the wealth and a more valuable neighborhood.  

Having a solid emergency fund as well as eliminating any unnecessary debt will allow you to put more money aside for REI and will make you a more attractive borrower to lenders. 

Matt,If you can get into MF syndication deals in more attractive markets that would be one way.  

Trust me a small property like this won't attract any joint venture partners.

In general I would say SFRs are higher quality, higher rent, attract more stable tenants (families), and generally more desirable to tenants as rentals (all other things equal) while multis will typically cash flow more.

I just went under contract on a SFH in South Florida and would like some feedback/suggestions on improving the curb appeal of the house and making it more attractive to prospective tenants.The house is a 2-1 on a 4-lane, divided street.

Are these houses and area going to attract a high quality tenant that will take care of it and want to stay?

Guy B" can be in a great place to get started if he gets educated on how to attract and engage private lenders so he can do deals to clear up his "bad" debts.

Getting your house in the MLS with an attractive set of photos (learn to take your own...some of the photos full-price agents put in MLS are just downright embarrassing) is the most important thing in getting buyers in.Just for getting it in the MLS, of course, you could use a $300 flat-fee broker. 

It is not impossible to sell a vacant home to an investor, but homes are much more attractive when they are already rented and cash flowing!