Reason being, the communities have amenities, being more desirable to tenants to use, as well as includes some utilities in the rent.

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From our little bit of experience we found we can hold market rent + electric at our other properties we own.Based on the small amount of expirence I have, I am inclined to make an offer to the seller as such:Contingent on:1)All deferred maintenance completed or a $10,000 sellers credit directly for repairs and maintenance2)All units move in ready condition per buyer standardsIf sold at current (100%) occupancy we offer $285,000If sold at 50% tenant vancancy we offer $300,000If sold at 100% tenant vacancy we offer $315,000OR 100% sellers financing with a purchase price of $330,000You can see it is counter intuitive to pay more for a non performing asset, however we save eviction costs/ time while being in a strong position to advertise and fill the deal with properly screened tenants locked into our lease, paying at our desired terms.

Fairly close to 1% rule at appraised rate, but seller will not go lower than $825K.It is a very desirable and up and coming area, so I suspect all homes will hold their value if not grow in equity well, and also likely stay rented. 

Same amount of work, but more buyers desire this look.

Selling property is a personal decision that needs to e based on your goals and desires for your family.  

Las Vegas has very little remaining develop-able land that is desirable.

I was in the medical profession part time but have no desire to get back into that full time.

If there happens to be an existing water main what size it is and will it be adequate for the needs of your planned, thought of or desired structure or will there be a need to upgrade it's size?

Im wondering why your bothering with this kind of potential headache Vs. your desire for a peaceful, enjoyable investment?