Max we could get after renovations to 2 of the units would be about $1800-$2000/mo.

Actually most stuff built after the late '80's has some sort of HOA in the Vegas metro.  

It’s a bit of a learning curve, but can be worth it for the potential benefits.As always, chat with a tax professional to make sure you’re on the right track and taking full advantage of the benefits.

See if you can find your way home without the GPS after wandering.

The home is 1,841 square feet and was constructed in 2009.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

After moving the tenant out, the property manager repaired the damage, and in the process also replaced the furnace and pipes and put up new drywall in damaged areas. 

Are there tax implications we are unaware of?

After renting out the finished basement and one of the main units, we'd be paying a very comfortable amount for our part of the mortgage, and upon moveout we'd be breaking even with PITI + maintenance, capex, vacancy which is what we wanted to achieve.

We waited 7 months for the bank to make a decision on the short sale, and once the bank came back with an acceptance counter-offer, our buyer bailed, even after multiple times of telling him this was a really good deal!

Ive had some act like they want to, I do work for them, then they ghost me after using me.