Investing multifamily apartments in Las Vegas safe?

[Jacob Song]

Hello, me and my family have around $300,000 of cash. We are thinking whether we should invest multi family apts in California or Las Vegas..

I know that Las vegas is cheaper and have more cash flow, but I heard that people in las vegas there are many overturn rates. I heard rumors that says out of state investors in Las vegas are looking for "next sucker" to buy the property from them because they are having bad experience. I think it might be because of high gambling rate and other stuff. If we buy a property, we were thinking of about $1200,000 to $1400,000 in vegas or California. 

Can any body tell me their own experience investing in "multifamily apts" in Las Vegas? should I avoid it?

Also if I invested in both Los Angeles and Las Vegas $1000,000 apts, what would be the tax difference be? will CA be alot higher?

Thanks for reading.

[Christopher Brainard]

@Jacob Song

The reason for all the multifamily horror stories in Las Vegas really have nothing to do with gambling. Most of the small multifamily that was built was built a long time ago and currently resides in D Class Neighborhoods. It wouldn't matter what you owned in these war zones, you aren't going to get quality tenants. If you're going to buy multifamily here, you need to know the neighborhoods to ensure you don't buy someone else's problem.

-Christopher