I've decided I have a hard-fast rule against felonies and recent arrests involving violence or drugs.

Today, Las Vegas population is 2.2 millions.  

This is a question for a CPA but you may want to wait to talk with one until after the tax reform bill that was proposed today is either passed or rejected.

@Ray Thorsen I agree with @Marcus Auerbach if you are able to get long-term financing today that what you should do.

$350k today > possible money tomorrow/next year/the year after/etc.

You can't do any of the work yourself.And unless the property is in solid livable condition you will struggle with conventional financing, not to mention the need to move fast.

You could set up a schedule for labor payment according to how much work is done but pay the largest balance at the end.I was talking with a buddy that owns a painting company in Minneapolis today and they don’t pay their subs until the job is done.

Got 4 new leads today.

However, a year goes by SO fast!  

If he says no today, ask again in a few weeks.