I bet you are quite the salesman for some people.

I don't know, but the baseboards are gone, so I bet they were wet for a while and the bottom 2 feet of drywall should have been replaced.

Worst case I bet you could easily  and with minimal cost, section off the basement into storage units for your tenants as an add-on to their rent.

I think your best bet is syndication/limited partners.

If there is a 75% mortgage, the property is not nearly as interesting to the ambulance chaser.Liability aside, a 100% paid-in-full rent property is a very poor investment choice. 

@Tyler Stone, that's a tough one.You're basically asking a broker to take on additional liability (since anything you do in real estate could conceivably be tied to them), but offering to give them nothing in return since you're stating up front you won't be doing any listings.Your best bet is going to be networking and trying to find small/independent brokers.Anyone with a brand name, e.g., RE/Max or Keller Williams, is going to have pressure from their own management to "perform" and weed out agents who don't sell/produce enough, which means they won't even consider you if you're saying you have no intention of doing any transactions under their umbrella.I know people who have done what you describe, but they either already had a close friend who was a broker who was willing to take them on, or in one case they bit the bullet and just became a broker themselves (which is fine but is additional time and expense).

I bet if you look at the settlement paperwork from the purchase, there's 4 legal descriptions, 4 APNs, etc, and you actually got a blanked mortgage secured by all 4.

All the Las Vegas multi-family properties that I am aware of are in poor condition.

Hello BP Members,I'm proud to say that I have finally closed on my first deal and I am eager to embark in this journey of Real Estate Investing.After closing on this 4-Plex I ordered an HVAC Inspection because one tenant started to see leakage from the ceiling and another complained that one of their bedroom was getting poor air flow.The HVAC inspection result showed that I would need a complete HVAC replacement which will cost me close to $40K (10K/door), an expense I did not expect to incur.

Below is the link that tells you all you can build on it sectionTable 11-6-2: Commercial Districts, check the codes above 11-6-2 looks the my best bet is category P which is keep in mind my goal is to come out of pocket the least possible, maybe lease it out to a coffee shop or something ?