I'm a little concerned that someone local may be more prone to having lots of guests in and out.Do you advertise (in the listing or in screening conversations) that you're specifically looking for traveling professionals?

Alongside Seller negotiation I think you have to keep in mind the financing for the deal and it's requirements as well as the interest rate.

That creates a great opportunity to get seller financing on your first deal which is especially important now with rates where they are. 

It was both, but knowing how they treat property is also a good indication of character despite a poor credit rating

Loans aren't just about interest rates.

For a DSCR, at 85% LTV (15% down), your rate is going to be 9%+ for the most part.

I have 3 options.1) Cash out refinance with above 7% interest rate.

Asking price is $699kAt 75% LTV in today's current rate scenario, this yields a negative cashflow.

Georgetown grew at a rate of 10.6% between July 2022 and July 2023.

This will continue to push up the prices.Sales - Months of SupplySales - Median $/SF by MonthDespite persistently high interest rates, the $/SF continued to climb, up 10% Year over Year.Why invest in Las Vegas?