Are neighborhood classifications (A, B, C, etc) universal or subjective?

Price is a function of terms.

@Mary Kim Despite what people trying to sell you some product may tell you, rental properties seldom if ever function like annuities. 

I would imagine if the house is zoned for a multi and the renovations allow it to become a functional multi-you should be OK but the best person to ask about this would be the lender writing your loan.

So, I should recover the money I am paying for capital gains in less than 2 years and even though I lost the future appreciation from the Las Vegas properties I will still come out even or doo better since I am getting a $2 million line of credit I will use to purchase properties at auctions and hope to make about $500k per year flipping house without working too hard.I am definitely not the smartest investor when it comes to leveraging my money and I know I could have made several million dollars more if I did a 1031 and purchased an apartment building in Los Angeles, but I don't function well when I am pressured when I put myself in a risky position.I always feel that when investors leverage their money their empire can come crashing down like dominoes when one property goes south.

I would like to get a good idea of the functionality and age of the current system as well as cost planning for when the thing actually does go out.

Otherwise you will have "functional obsolescence" which will negatively affect your sale.

Comfortable, functional, and I'm not worried about my kids breaking something expensive.Sell yours as comfortable and more affordable.

@Nadia Hale any properly functioning lock should not be so hard to turn that it bends a key.

Pricelabs users, use the seasonal functionality to do this automatically.