It seems a lot more expensive for even a bare bones rehab than I anticipated.

What is your average cost?

In each city you have looked at, what has been the average percentage of market rent growth of the past 15 years?

Hi guys,So I have lived in a house, in an expensive neighborhood for 10 years,  my  child grew up there so I am very attached to that house and so is my son.

Hi @Steve Riebman      I would suggest a light rehab (flip) on an inexpensive home to the average in the market.

The average nightly rent is better.

Can I expense the roof or do I need to depreciate it?

Oceanfront are amongst the most expensive in the state.

Many investors invest out-of-state because their backyard is simply too expensive and/or because it does not cashflow at all.

Homes that appeal to our target tenant segment range from $320,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandThe driver for housing demand is population growth.The average Las Vegas annual population growth is between 2% and 3%.