It's a fun and unique way to see the area!

If we had gone with more optimistic assumptions then it would have been a very disappointing year financially at least.Every market is unique. 

I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.

My priority was finding reliable mentors and peers who could help me learn the ropes, offer guidance, and even share insights about overcoming the unique challenges I was facing as a new agent and investor.Networking wasn’t easy at first.

Then split bottom line 50/50 with the partner (individual) after all other expenses are paid.

SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.

Given how the housing authority does their rent price determination on individual units, and government ran programs are never beacons of efficient processes, it can go either way.Note, the examples I speak of only relate to C-Class and below areas.

@Eamon Conheady - was the other lender a company or a private individual? 

I have used LLCs individually for the properties that I've owned and I'm glad I did. 

BUT, then you want those landlords to judge every single tenant individually and not lump them all together with the ones that lie, cheat, steal, and destroy the property on purpose?