Downtown / East LV (high-management)

Older central and east-valley areas with the valley's highest potential cash flow and gross yields from low entry prices and strong rent-to-price ratios.

The highest management intensity in the valley, with older stock, mixed tenant credit, and higher turnover; net yield depends on condition, professional management, and a real repair reserve. Best not self-managed remotely.

Cash-flow investors who want the highest yields and will use professional local management.