Many investors are willing to close fast if it includes this kind of return, as long as they have clear title.  

However, the market is just kind of tricky here in Vegas at the moment and a lot of investments don’t make much sense.

There are houses that've been converted from a single-family to a duplex with a single meter but finding that kind of house in the area you want could be tough.

Even if you hired a designer as well you’d still save money versus paying the $50,000 .Searching listings online for homes that have sold as flips and see what kind of design they use or go to open houses of flipped homes .

There arnt many people who can afford that kind of house around here but how LOW could I really push the bank down if it has been vacant for 15 years?

Him: Hey, if you've got that kind of cash are you interested in the other house?

I'm actually trying to do a lot of information gathering in order to come up with some kind of backup plan, as I'm 100% sure that we will not be closing until all tenants are gone - that's just not something we are willing to deal with.

What kind of buy and holds you looking to get started with - single family, small multi?

Thanks for your kind words and welcome Kelly & Michael 

Most leases have some kind of comment about tenants having to have all utilities on.