I'm looking to buy a property in downtown Las Vegas zoned R-3 Medium Density Residential.  

As for areas to invest, down by the U of R is a great area (19th ward) with decent prices (decent duplexes for ~80K).

M&R

I live on LI.. belong to and / r have aattended the SW Florida reia, Ct Reia, LI Reia, Syracuse Reia, and more...hen ever I'm in a place that's worth investing, I always visit the reia.I think the longest is 1300 miles.Steve

., so that by the Refi stage, you should be able to cash out all your original investment, for the final R (Repeat), completing the loop.It is also a mistake to try to smooth the figures over, such as calculating gross return BEFORE accounting for the rehab costs.

@Matt R.

@Arun R.

It is also possible her brokerage may have some in-house rules w/r to "personal" transactions - i.e. you may be allowed one per year w/o paying the broker commission.

@Lauren R.  

The short answer is "probably not", you will not be able to get a variance to add a third unit in an R-2 district.