I have thought about trying to run a hard wire from the main property to the back property, but I was hoping someone here might have a more professional solution.

However, for growing businesses or those with higher transaction volume, using accounting software such as QuickBooks can provide a more efficient and organized way to manage financial records.

On a more local level, take a look at school district ratings, walkability to nearby retail, crime rate and future developments.

If you are open minded there are also other states here you can buy a more cost efficient property.Comes down to Equity or Cash flow and if you are lucky you find both in the right home.

I chose 5 units as a kind of sweet spot for this model - once I’m analyzing anything larger, I typically switch to a more robust model I’ve been developing over the past few months.This one is really geared toward analyzing the income and income potential of each unit over time, and it’s flexible - you can scale the unit count up or down, 5 is just the max I have it set up for right now.

Now, that’s not a more normal 6 million, but it’s not “frozen.”

Do you keep track of everything or have a more balanced approach?

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Inventory began rising in late December 2024 and continued through June, but has since leveled off.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents remained stable MoM and marginally up YoY.

Selling your rentals likely triggered some depreciation recapture and capital gains and if you do shift toward private lending or flips through your LLC, you have some solid opportunities to reinvest in a more tax-efficient way.Private lending income is taxed as ordinary income, so using an LLC, especially one taxed as an S-Corp if income grows, can help manage how that income flows and what expenses you can deduct.If you dive back into flips, keep in mind those are treated as dealer activity, meaning profits are considered ordinary income, not capital gains, but there are smart ways to structure it if that’s your main focus.If you have a clear tax plan going in, you'll start off on right path in realigning your investing strategy.

Is it a more landlord friendly or tenant?