Check reviews of them online and ask for references if they are willing to let you speak to their previous clients!

Capital expenditures (CapEx) refer to significant expenses used to acquire, upgrade, or maintain a property, extending its useful life and increasing its value.

I've seen many owners in Vegas get big fines for operating illegal STRs.I own 2 STRs in Big Bear CA which is about 4 hours away from Vegas - aside from buying something you can add value to, I'd absolutely recommend not getting into somewhere too remote that it's hard to find good people who can work on it.

I would consider selling the property, the value of $500,000 gain tax free is atleast $75,000 and potentially more if your capital gains tax rate is 20% or even if you factor in the 3.8% net investment income tax.It will take you years of cash flow to make up that amount of tax free gain.

And if so how do you calculate the value. 

They will show a land value and a full assessment value with any improvements.

Our interest in "The Linden Homestead Revival" was sparked by its potential for significant value creation through strategic renovation.

Our interest in "The Linden Homestead Revival" was sparked by its potential for significant value creation through strategic renovation.

Or add value, and do a cash out refinance

Our interest in "The Linden Homestead Revival" was sparked by its potential for significant value creation through strategic renovation.