I've read through many of the documents available on the Clark County websites but it's not the easiest to read/comprehend.

Either or works Well just use this as a simple example 24 Unit apartment Complex ( B-  or C +  type  property Purchase Price - 1,920,000 ( $80k Per Unit ) may be low in this market Down payment - 25% = $480,000 Rehab - $ 6,500 per Unit ( some units  more than others ) = $ 156,000Common Rehab - Water Heater , laundry room if it has one , Paint of building , landscaping , windows , parking lot  , roof ( 10k - 70k ) This ranges a lot depending on the property Closing cost - 20-30k tax - 7,000 / year insurance - 12,000 ( wind n hail , general , fire  ) / per year Property Management ( 10 % ) = 2,160 / per month vacancy - 10 % = $ 2,160 per month Cap X ( fridge , window , curtains , doors , paint , roof , pavement ) - 1,080 / per month Landscaping - $ 800 per month simple repairs - $ 500 -900 per month common area electric - $ 300 per month Mortgage $ 7,500 ( 30 year amortization  , 4.75 % rate  ) Income - $900 per unit = $21,600 , this varies based on area . 

It is really pretty simple.

I’ll try to keep this short and simple I’m 21 I have no credit so I’m working at the moment to repair it while saving money recently I had to switch jobs I was selling life insurance and now I work with a radiology group I’ve only been at this job a couple months and it just occurred to me that I need 2 years of proof employment it was only a couple of months between jobs does my 2 year “clock” restart?

Those are simple 2 common ones.

Simple and to the point.

Again, I think I’m missing something simple yet significant.

This seems very expensive for some aluminum and plexiglass.Image is attached for what I am imagining; simple, basic, affordable.Thanks for your thoughts and feedback.Joe

This is a simple transaction done in escrow. 

Simple to convert to an ADU and you then have rental income abilities with the added unit.