Would definitely recommend trying to get out to live events, whether it's local Meetups focused on the subject and there are a number of conferences around the country.

Market Comps in the historic area of town (.5 mile radius of subject property) range from $450-$575 for 1 Bed 1 Bath.     

I know the market is red hot, and we are not in a hurry as we are looking to invest excess cash flow into a couple of houses a year over the next six or seven years.

With our red hot economy due for some kind of correction, going bigger might be better for the simple logic of sustainability.If you buy a nicer 6-Plex in a nice area vs. a working class 30 unit with lower rents in a decent stable C neighborhood what happens when you get a vacancy?  

If you determine all the competing parks are similar to the subject park, with high vacancy & POH, and your test ads do not receive any evidence of demand, then you'll want to punt on the deal. 

A good FAQ page on this law: http://ag.ks.gov/open-govt/kora-faq)KORA states: "No person shall knowingly sell, give or receive, for the purpose of selling or offering for sale, any property or service to persons listed therein, any list of names and addresses contained in or derived from public records … Any person subject to this section who knowingly violates the provisions of this section shall be liable for the payment of a civil penalty in an action brought by the attorney general or county or district attorney in a sum set by the court not to exceed $500 for each violation."

The Vegas market is extremely hot now and l don’t see any sign of reduction in home prices anytime soon.

Strike while the iron is hot, as they say.

If so, you'll need to get into your hot tub time machine to see those rents..  

$3k per month is a solid budget to get some hot leads and a good CRM to manage them.