That could eat into your potential profit really quick. 

We also have Green Glue left from another job, and while that is not properly adhesive, it could add a little towards decoupling and hopefully sound reduction.

I also work full time in Green River Wyoming and I have a 6 unit apartment building in St.

Halfway through, the dark green/yellow gunk at top left is the glue that was holding the parquet in place.

Yes you only have one entitlement and any amount originally loaned out will eat up that amount of the entitlement.  

I'm also seeing in the area that I'm looking to add this turnkey property, the cost is closer to one FULL MONTH's rent.Given that, and that I'm going to be managing this newer, turn key property myself, would y'all recommend a different approach or is the value so great in having realtors be able to show the property that I should just eat the cost and have them do it?

if not go out and get you one and then make sure you stay on top of the little stuff- schedules and contractors- that's the stuff that will eat your lunchdon't waste your money on insider news- get yourself a project for you first- then try something bigger- a flip- see if this is something you want to do- its not all about the money you got to like it or you will never make it- like any other job either you love it and stay or you hate it and walkit will definitely show up I know people that thought they were going to get rich doing real estate and they live with their in-lawsmake a plan and ask yourself some serious questions before you jump inenjoy

Basically putting all the losses you show in a bucket, and then in future years when your Schedule E is in the green, you get to start taking the deductions at that point right back out of the bucket?

So my question is, what do the local investors think about Las Vegas market condition in prime areas like Green Valley?  

I'm not sure if it's legal or anything but I'm just thinking if they were to stay for 2+ years you would have less turnover and would be easier for you to eat the move in fees.