Best area to purchase buy and hold

[Thomas Bouchereau]

Using the a A, B, C and D house grading system what area would be recommended to be looking into for the best return on investment for a buy and hold investor? Does it make a difference based on your own location whether an A would be better an a B and vise versa? Now for my vegas locals. How about in the Las Vegas and Henderson area? I currently live in the green valley area. How would you Grade the different areas: Summerlin, Green Valley, Henderson, Paradise, North Las Vegas. For the successful buy and hold investors in Vegas what are your average cash on cash and NOI return percentages that you desire?

[Robert Leonard]

There is no such system of A, B, C D grading SFRs. It's all subjective, made up and misleading. That's why I don't use it. Reminds me of "laminate wood" people use the term like there is such a thing every day.

The hardest properties to manage, in "war zones" have the highest rates of return on paper. They are the most management intensive and it takes a particular set of personality traits and practices to get any where near what the returns look like on paper.

This is another generalization, but the easiest properties to manage, typically have higher values and lower returns.