I'm seeing a lot of units at Palms Casino Resort, and I'm not sure why so many of them are for sale right now (4321 W Flamingo Rd).

If it's a family style single family home or multifamily unit, unfurnished, in non-core areas, the timing doesn't really matter as most likely your tenants a re locals who can relocate at any time regardless of the season. 

However I know what I can renovate each of the units for and all three units are paying approx half of market after being fixed up.

My ultimate goal is to acquire multifamily units.

Depends on so many factors: - What it yields- What you're trying to achieve- What headache factors you're willing or not willing to have - What tax implications come from selling (and if you have to replace your debt in a 1031 exchange)With 1.7-1.9mil that would be a 6-10 unit out here in Reno, NV that with cash could produce probably a 6-7 cap with upsides in rents. 

All properties are 4-5 units in Independence and Raytown.

The market will pay a certain amount for a unit (and their water), whether that is lower with the water added on or higher with water included.

If you can afford it, I would recommend a Triplex or even a 4 unit; because you are mitigating your risk and likely increasing your cash flow.

I want as many people as possibly applying so I can pick the best one.List the unit with your minimum requirements.Show the place and reiterate those requirements. 

(my mortgage will be around 8%)The unit has a min. 3 months rental as per HOA, which is still with the developers on the board.