It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF showed a slight drop MoM, which is surprising considering the decreasing rental inventory and time to rent.

Good morning Ashley, It depends on what you plan on using the HELOC for.

Plan for funding the reno was through my W2, cash I didn't use on the down payment and a business CC with 1 year zero interest. 

I don't plan on buying anytime really soon but I'd love to start connecting with more seasoned investors and local professionals within the area.

It's like only using weight to compare fitness levels.

In addition, I included my plan strategy in the attachments.

With the level of competition right now I don't see any turn key style properties that fit my investment criteria on the mls anymore.Look for properties that have sat 3-6 months and figure out why.

Even if the intent is to convert this into a rental upon grandma's passing, you still would like the step-up in basis unless you plan of lifetime of 1031 / 721 exchanges.

Plan B is that if I'm unable to refi, I'll sell off my only SFR and then I can pay off over 60% of the credit card debt and then I'll try again to refi.

Duplexes are few and far between over here so congrats on finding one that fits your criteria.