• rough estimates say the single storey development could cost around $132 650.00.

Not sure how you figure it.

I acquired property for roughly 20 and put 20 into them. after market value is between 40 and 50 with renters in them providing roughly 15% roi after tax, ins and management fee.

And roughly 20% of the people living in Clark County are retirees which often means they are buying all-cash or have incomes that don't rely on local jobs.  

@Chris MasonThanks for the clarity, I figured that was the case but just wanted to verify.

I'm renting out a couple rooms for the winter season to a couple friends, while I figure out what I want to do with it.

BiggerPockets has been a great resource for me but i just couldn't figure out if those follow up classes would provide me with something that bigger pockets could not.

Originally posted by @John Thedford:You still can have cash by borrowing private money  don't stress over tying up your money in a deal if it is too good to pass up Thanks John I definitely won't pass up on a great deal even if it means paying cash and figuring out the refi later.

Still working on figuring out what the crime rate is like.

So after wholesaling my last deal I figured I can make a lot more money if I had flipped it myself.