Many thanks @Jimmy Hodges, @Aaron Ward, @Yolanda Branham:)  5 min after I got the offer accepted a weight sort of lifted off my shoulders.  

I hear the area is growing rapidly and would like to get my feet wet again.

I am going to walk through a home in Grand Rapids, MI. 

I moved here 3 years ago from grand rapids mi. 

The thing to be sure about with the MTR model is that you account for ALL costs; i.e. furniture depreciates quite rapidly, and turnover creates a lot more repairs and maintenance costs.  

Out of every year, the money weighted chance of needing to tap into my reserve is probably 0.5 month.

Weight the cost of 1yr vs paying the penalty if the PM tries to come after you for breach of contract.

This year is likely to be above 6%Rents increasing rapidly. 4.5% last year, and we expect it to be higher this year due to the inventory shortage.Landlord insurance on a $300,000 property is about $450/Yr.In summary, Las Vegas is a good market for investors today and should remain so for the foreseeable future.

Give me some advance notice so I can lose some weight and get a haircut before I go on.  

My STR market recently implemented a weighted lottery to implement an .