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Yesterday I received a rejection letter from the new management company stating that the by-laws state that the association is only responsible for common elements, and not the units.It doesn't explain that if a common element's failure damages a condo unit then ____ is responsible.I have sent emails calling the both parties abusive.  

That compares very well with the 16 - 25K of tax plus depreciation recapture on a profit of 80K .The real question is can you find good replacements that fit your parameters within the time constraints.

The house sales and rentals are down compared to previous months.

New builds in Vegas are grossly over priced compared to resales.

Especially, compared to someone who does it as a main line.Result? 

Here's the breakdown of each scenario:Sell: I bought the house less than a year ago for 150K haven't built much equity, it's a city neighbohood where comparable homes can range from 100k-200k.

And, even though the price point for entry is comparatively low, it requires you to be an expert at deal analysis, rehab estimation, marketing, negotiation, creative strategies, and multiple exit strategies.  

Here's the breakdown of each scenario:Sell: I bought the house less than a year ago for 150K haven't built much equity, it's a city neighbohood where comparable homes can range from 100k-200k.

You have to look at recent sales and make comparable offers.