A fourplex means four times the appliances, plumbing, HVAC, water heater, and other repairs, driving up maintenance expenses compared to a single family.In Las Vegas, multi-family properties attract transient tenants, like singles or couples without children, who typically stay 1 to 2 years.

Did you only remove the drywall and flooring and not do any testing? 

The property passed final testing by the county health department.Is this anything I should be concerned about?

I consul them to always include a street view of the property, from across the street, showing the entire house in situ, in order to answer the question for the guests (who have never been there before): "What are we looking for as we drive down the street" My 2 cents,Mike

These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."

Drive for dollars in all of the multifamily areas, especially closest to you.

I was drawn to this investment mainly to test out the new padsplit model.

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Find something in state or the next state over that is in driving distance. 

LOTS of rentals there it seems.El Paso is about a 12hr drive for me from Dallas.