It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF showed a slight drop MoM, which is surprising considering the decreasing rental inventory and time to rent.

It normally takes 4-6 weeks for a W-7 to be processed by the IRS.Here is a link to the IRS website, listing Certified Acceptance Agents by Country:IRS Certified Acceptance AgentsUpon receiving an ITIN number from the IRS, a copy of the IRS letter showing the new Individual Taxpayer Identification Number (ITIN) must be sent to LPM.Note: LPM will not manage rental property for foreign owners who refuse to acquire an ITIN number.Form W-8ECIThe Internal Revenue Service (IRS) requires property managers to withhold 30% of gross rents to ensure foreigner investors will file a tax return at year end.

What types of properties/strategies are you interested in?

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I could see a scenario where if it's based on individuals who "own" stake in a home, the numbers could be skewed upward based on multiple people buying homes together to solve the affordability issue. 1 Home, 5 Homeowners type of thing. 

There’s a 3% service charge but I’m ok with that.

If you don’t want them to manage it after they find the tenant, just find a PM that offers that service. 

Market increased What made you interested in investing in this type of deal?

Well, honestly, who knows how much serviceable time that thing has left anyway? 

If not you, where could I get this type of mentoring and learning in my local area?