I re-zoned the property successfully, have full construction drawings and are nearing permit for 8 apartment units.

*Most* of the time it is better to start off investing someplace you know intimately than picking cities out of a hat based on statistics you read on a screen. 

Her office is based here out of Gainesvillle. 

@Lionel Quiambao - Are you able to cover some of the balance while waiting for draws.

U know investors go for paper returns with no thought to tenant base and RISK.. no different in Vegas than in any other market.

Does your opinion change based on that? 

I am new to real estate and based out of LA looking to learn more about out of state investing! 

But the overall ROI is based on the year.  

Guess who the E & O carrier's claims department goes after for reimbursement based on the broad indemnity language quoted in this chain?

It seemed like they didn't have much data for my area, and looked like they were applying the same comps for the whole zip code, even though my area can vary a lot based on the sub-neighborhood.