First deal, multi-family in the Las Vegas region. Good time?

[Ramin S.]

Looking to purchase my first rental property (owner occupied) hack in Las Vegas region. Ive read the book Rental Property Investing by Brandon Turner and feel I have a grip on how the investment process works. I understand timing is everything and what I buy I plan on keeping for a while. But my concerns stem from the timing of the market. My plan is to pursue offers where economic down turn can be mitigated somewhat, dont know if this is a realistic expectation. I also know its a sellers market. What are some seasoned investors thinking about when it comes to investing during these times ? Typically the area Im investing and things to look out for when pursuing my first investment property? Thank you in advance!