I'm a Vegas native and understand the market and how servicing companies operate. 

I understand not having full control in either instance as you don't own the whole building, just wondering if you see a difference. 

It appears that it is in a chunk of land that is outside the city limits (but surrounded by the city limits, if I understand the zoning map correctly). 

Just understand that companies that send you marketing for anything don’t do it to help you out, they do it to make money.

My understanding is that WS often find off-market properties that would not make it to the stream of commerce by other means, or at least facilitate them getting there faster (e.g., WS can liquidate a house for an estate a lot faster than by grinding through the probate process).

I understand that you want it to cashflow positively, but how exactly do you look for deals?

There are certain numbers on the report I don't understand how they are calculated.

For a flip, you should walk the property with a recommended and referred contractor to understand the rehab expenses.

My understanding is they are very efficient in moderate climates but in areas where you have extreme temps, they may not be as effective as you want.

My questions are:ABOUT 1013 exchange : I understand that I have to exchange a two family for a two family, but if I buy a two family and make one of the apartments my primary residence, will I still have to pay capital gain taxes if I sell in let's say in 5 years?