I trying to connect and learn from experienced people. 

@Evelyn Allasi I understand your logic when considering the area, but the University created a lot of housing over the past decade that put pressure on people with houses that they had marketed to students.

If I were you I'd interview/talk with people at smaller boutique companies and larger companies BOTH in industrial and multifamily.

Make sure to find good people to work with-- PMs, contractors, etc.

What draws people to Las Vegas?

By having more tenants there are more eyes to watch for issues that may pop up, more people paying rent, and if you have one of the units vacant for a bit, it will not hurt the bank as bad as it would if you only have two tenants in the building and one of them left.   

@Melissa Rivera - this is why I do not recommend for people to do their own evictions. 

The caution, which a few people have mentioned is definitely experience.

Don't be afraid to fail and just do it. 

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.