Corporate formalities are taken care of and minimal as a single member LLC.

This is the same type of pitch other gurus are using. 

Get the lingo down, see what others are doing, see how the communication is, listen to 100 pitches for LPs, get on the deal flow lists, get on some property tours. listen to the podcasts for 2-3 months. 

And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

I prefer the areas just outside the city limits where regulation is minimal and prices are significantly less.   

What's the 5 word pitch?

let’s start with the premise that a successful brrrr has minimal costs and an ideal brrrr has no cost (all investment extracted via the refinance).  

This approach enabled us to move forward with minimal delay, giving us the flexibility to work efficiently within the timeline we set.

What are some ideas should i explore so that I can minimize the financial loss in this situation especially given I cannot refinance even if the rates were 0% as my property value won't appraise.

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.