Here's an idea - send out a survey to friends, co-worker, and family to see how many people would not mind living on a busy street.

And not only for NV, but also in 22 other states (including AZ, CO, FL). 

Also good to know if they follow local rent control ordinances if applicable.Price wise, check if current monthly rent/ projected rent is at least 1% of the sales price.  

If they have not held their job long or if they don't have rental history, I'd require a co-signer or higher deposit.  

I have seen some fascinating Eco friendly houses here in Australia and have considered such a business for the Colorado market, but some of the neatest rain water collection systems would be challenging in a cold climate.

I'm living in Denver CO and I'm looking to fix and flip.

That being said, I spend on average about 8-12 hours per month on all 5 properties (site visits, coordinating repairs, bookkeeping, etc.).

An S-Corp will provide you with limited liability (only liable for what you put into the S-Corp) as long as you do not "pierce the corporate veil" which basically means don't co-mingle personal expenses with your S-Corp funds.

@Jon Holdman There's often some confusion between a cooperative apartment building and condos, and people will often say they own their apartment when they live in a cooperative apartment building (also known as a co-op).A condo is when you own the interior airspace of a unit.

Hey Jeremiah,Oh good…nice to know there is an investor in Sonoma Co on this site.