Again not the best area but an improvement over the West End and I think the street is up and coming.

It does need some up front maintenance, primarily the roof which I would do initially but any interior maintenance would be performed as their lease expires.

What I have found over the last few years, well the last 12 years since I have been doing this is there is always a lot of talk, but few perform.

If not maybe hiring a company that can speak spanish will improve oocupancy.Here a new landlord requirement is e-verify to make sure they are legal.Most concerns with hispanics is if they are illegal they worry about being caught and deported.What are the immigration laws for the area??

They normally get 7-12% of your rent but its well worth it if they handle collecting rent, leasing out, tenant issues, advertising, general maintenance, repairs and improvements.

A number of improvements were made, including better fencing and security and some of the large, hard-to-rent units have been divided into smaller ones.

Its very affordable (like $1.25) and most of the time I can look up what I need (owners names) without performing a full search @ no charge.

Therefore, most people do not make major improvement to the property.

Lenders have more to worry about in Las Vegas than "due-on-sale clause violations".As long as this loan remains "current & performing";...you have a better chance of "hitting the jackpot" at Caesars Palace, than having the lender accelerate an otherwise performing loan in good standing for a violation in the "due-on-sale clause".Spending a few hundred dollars with a good attorney that specializes in these types of land contracts should be worth the money. (...try finding these types of lawyers who are affiliated with your local Las Vegas Real Estate Investment Club).A lawyer of this type can create a new, or review and update your trust/sales-agreement, land contract, etc.Here's a different twist:How about a back-up agreement and a back-up deed?

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