. - Lot more inventory to work with (flexibility)- I see many affordable homes 150k-250k range and multi unit homes around 250-400k range- Thinking of buying between or near UNLV university/ main strip so I have faculties, staff, students from the universities as well as employees from the casino/hotel- Property Tax is cheaper (but can be a con in other states).Con & other inputs: - I feel like Las Vegas have short term residence more than long term residence (most of the properties seems to be owners who are not purchasing to live but to use it as vacation home or short/long term rentals.... so many properties can be vacant and potentially allow squatters/long eviction process)- Nevada law require a "responsible" person aka landlord/property management within 60 miles - Distance (I like to buy my properties locally because I can stop by or fix something if needed either by myself or contractors that I work with/familiar with- Property Management fees since long distance - Finding a property management company that is reliable and trustworthy. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)

Remember, when thinking about doing a short term loan and then a longer in the future, you'll have closing costs each time, so build that into your finances.

If you are looking to negotiate a lower payoff with the bank, you are essentially asking them for a short sale.

Hey guys, I came across an interesting idea but I can't figure out if its actually legal. Apparently if you sign a lease as an LLC the landlord can't exactly control who is staying in the apartment because it is under...

If you're more interested in flipping then that short-term cycle is going to be more important. 

Anybody have experience with short sales?

What type of asset is in short supply? 

You've shared an abundance of investment wisdom within a very short post. 

The PM can make or break you--being remote, you will basically be at their mercy to deal with problematic tenants, find tenants and keep vacancy low, collect your money, find contractors... in short, every aspect of actually running the business. 

Some did good but few had bad luck with tenants/vacancy/ or other emergency that hindered with mortgage payments and had their properties go into short sale or foreclosure even with a decent paying full time job.