(I’m not sure of the laws/regulations outside of the Las Vegas valley like Reno/mesquite or pahrump.)Are you currently working?

We're working on figuring out the local regulations for ADUs here which are a bit more confusing as it's already a duplex and not just a single family.

But this also typically requires existing relationship before they will start bending their "standard" underwriting rules.

No idea who regulates a crowd funded venture...isn't that idea that many, many people put in a little bit of cash to create a large pool?

Hypothetically, you'd need >2K rent on a 250K home to get more than 5% CoC (ballpark numbers with a few assumptions, mgmt fees, putting 30% down, etc), and it seems very unlikely this would exist where I'm looking..

Demolish The Home and Build New: You can demolish the existing house and build new.

This ensures that you protect existing tenants from direct competition and support their growth; this will also foster their trust in the ethics in which the property is managed. 

Also, thanks for the website on state-to-state regulations.

This specialized skill is rare—after working with many property managers in Las Vegas over the years, I found only two I would trust to place tenants in my properties.Contracts and processes must comply with all city, state, and federal regulations.

All these are great investing routes to take - if you were to go the traditional residential rental route, these often offer more stable cash flow, while Section 8 properties can provide guaranteed rent, though with some additional regulations.