The negative is that the title ins can cost 3-4x or more than what traditional title ins will cost.

Based on the numbers you provided, your cost of capital is higher than your best case cash yield (cap rate).

The roof can last another year or so but then will cost about $20k to replace.

. $40,000 including closing cost) under my wife and my name since we will be living in 1 unit and rent the other unit out.

That was an unintended side-effect.  

They may have higher insurance, maintenance, and/or property costs than you would - or maybe not, but I would double check their expenses if part of your hesitation is around the expense ratio.

I've been contacted by a few victims, not an easy choice, even sharing litigation costs, you have a difficult to enforce judgment.

You also have closing costs as well as capital gains.

Our initial goal was to aim for 100+ keys to reduce the cost per key and better achieve our ADR and occupancy targets with aggressive marketing towards our mix of commercial and leisure stays.I'll send you a direct message later today and would love to discuss this further at your convenience.

See the 2020 aerial view below.Very little undeveloped private land is left in the Las Vegas Valley, and desirable areas cost more than $1 million per acre.