@Erick Ragland Is it correct to assume you aren't working with a realtor?

NODs aren't published.

@Marty TrueFrom what I gathered, since the property resides in the north Las Vegas district, there aren’t any requirements to do STR.

But when I went to my attorney (in Buffalo) wanting to do a rent-to-own, he says he doesn't like them because they aren't enforceable and you can't just evict the non-paying tenant and that it basically ends up being a foreclosure.

There aren't that many and everyone wants them. 

Lists are a great tool, but they aren't a silver bullet.

you can start on a "small" apartment complex then increase your quantities. 

One is a college town, prices are higher, but better quality buildings overall I'd say, and slightly higher rent prospects, but I'm not sure how to handle the college side of it (as that is the majority of renters).The other is a town with little growth not a ton of job options locally, the class of buildings aren't as attractive overall, but the market seems a bit better for starting out price wise for multi family/commerical type scenarios, but I'm concerned about the type of tenants I'd attract with lower value buildings.

There will be a LOT of items on the report, but the truth is most aren't that big of a deal.

If you aren't planning on buying or selling anything anytime soon with them you are just asking them to do work for you for free.