@Carol Lee I highly encourage you to seek the advise of a local real estate attorney and a local commercial broker.

Hey Folks, So I have a scenario I would like a bit of advise on.

An investor advised me to come here, seeing how he said my house was too nice for his business model.

The issue we stand against, is joining the industry under the wrong pretense and with ill-advised expectations.

Las Vegas city health department advised me they had multiple dealings with the previous owner and had instructed him to fix the plumbing problem.It seems undeniable that the owner was fully aware of the existence and severity of the plumbing problems.If 'the problem has been fixed' as is stated in the SPD, then can we have receipts to show this?

I would also advise against assignments over 5k.

Hi Scott,Great advise from Shaun - do check with your condo association to make sure they allow weekly rentals.

@Jason Evans A contact I made when I first moved to this area who is VP of a local bank and also an investor with around 40 rental properties advised me that anything within a 10-mile radius of the Bulls stadium and Tobacco District is a safe bet regardless of what it looks like now.

I wish I had a mentor when I was starting out & give me actionable advise.

````````````````````````Using lease options on properties that need work are not advised.