Hi Daniel,I've been employing a similar approach in Uptown over the past couple years. 

It will also help when you hire contractors...you will know the industry, so when they try to "blow smoke" you will have the ability to call them out because of your past experience. 

Search for past sales on zillow, redfin, realtor.com, etc.

I did my background research and found out that I could possibly find a lender that would fund the deal as a DSCR loan as the ratio was very good at 1.25 and I had the funds for 25% deposit.However, I wasn't able to close with the initial lender that pre-approved me as a new investor because one of the units in the 5-unit was a Studio and the size was under 400sqft (as against their internal requirements).I have been under contract for the past 3 months and only have 28 days left to close, if not I'll lose my Earnest Deposit and all the time and efforts I've put into making this deal work and currently unable to find a reliable lender as they keep mentioning that I'm a New Investor with no Experience - as my first property is still under 1 Year of Ownership.Please...I'm asking all knowledgeable investors and direct lenders here to come to my aid at this point as I don't want to lose the property nor the money I've spent so far in this deal.

Over the past 17+ years, we’ve delivered more than 600 properties that target the same tenant segment.

However, the median $/SF has remained in a tight band of $1.16/SF and $1.20/SF for the past 13 months.Rentals - Availability by MonthThe number of homes for rent decreased MoM, which is surprising for the time of year (it usually rises during the fall).Rentals - Median Time to RentMedian days to rent remained flat MoM at 29 days, indicating a healthy rental market.Rentals - Months of SupplyRental inventory decreased MoM, now at 1.5 months, indicating a strong landlord’s market.Sales - Months of SupplySales inventory has remained in a tight band around 2.5 months for the last several months, indicating a consistent seller’s market.Sales - Median $/SF by MonthPrices had a marginal drop MoM, as expected for the time of year.Why invest in Las Vegas?

My husband and I have been investing here for the past 15 years, I'd be happy to chat about our experience and answer any questions I can about our market. 

I'm sure some attorneys will opine on here, but developers I've dealt with in the past that did both Fix/Flip & BRRRR generally had them under separate LLCs.

My plan 1. build septic mound and system to design2. build pad to extend past HUD for patio3. gravel drive and parking area with washed stone4. have utility water and electric performed by professional - I would possibly dig for water line install and electrical conduit 5. landscape/plant trees etc. 

Curious about your "18" unit number as the min metric?