@Jesse Canady if you are looking for specific feedback on local markets then post in the state forums you are targeting. 

Opportunity exists for aussies investors but what is the loophole is the target for research. 

Tenant is 70 with only social security.

Account Closed As Bill mentioned, the target properties and numbers you mentioned no longer exist in the current Vegas market. 

Number of units, age, class, price, targeted IRR, etc? 

You want to scour that market to see who is listing flipped properties and who says in their bio that they work primarily with investors.But backing up, why are you buying out of state and do you have any contacts in your target area at all? 

Try breaking down what it is that is causing you to experience 'fear' in taking action.Try setting yourself smaller commitments that will get you towards your goal and list out what the risks are and how you might mitigate them.An example of a commitment would be to make x offers per week on target propertiesBreaking down a risk might be something like-Risk - target rents not achieved-Action/Mitigation - analyze comps to give you more confidence in the rental rates, model the deal more conservatively so that you can see if it works with lower ratesetc.Do a bit of research and I am sure that you can find lots of actionable help on how to overcome fear of taking action.

Meaning I would make sure the targets I was searching for had at least 60-70% equity.

You could also send out some mail, but I've found networking with everyone to be the best way to find multifamily deals in your target area. 

@Dillon SiddallHey Dillon,I tried poshleads com for seller leads.. you can target by city and get direct contact info of sellers.. way better than skiptracingBest,Jax