I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.

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?

Also the property transfer tax is quite high, it can add up to around 13% and normally has to be paid in cash.

Althought rents are high, there is a concern that rent increases are not going to keep pace with the increasing expenses that landlords are facing.

My property taxes are high - around 9k a year.I’ve been out of touch with the market this year dealing with an illness and I’m trying to make the best decision cause this is my lifetime investment and extra income.

She worked in the high-end purse department. 

I have seen a few solid, high cash flow LTRs in Houston's sister cities. 

They want to help you buy multiple properties so it is in their best interest to make sure you have a good experience on each acquisition.

The housing price is so high compare to the rent. 

I have one house-hacking property in SLC, but homes here have gotten a bit too high to see any cash-flow.