New casinos seem to popping up across the country and instead of just gambling they are massive entertainment, dining, and retail centers.

The only way to really take risk on these buildings is to assume you have a solid set of bones or go by outside condition and figure everything inside needs to be replaced. running numbers on anything but this would be pure un educated gambling.

Every day brings a new real estate adventure.

It can be a gamble, but you're playing 2 strategies at once if you're B&H.

Joel, this was a yield chasing gamble, and I did spread my bets.

I would love to hear your investment adventures in our area.

It appears you refuse to do that so all I can say is good luck in your adventures.

As a hypothetical: "Betty, who has a gambling habit, has been taking $x,xxx,.00 a month from 7 client's accounts through fraudulent invoices and payments to a fictitious company.

(from http://amicuslawgroup.com/could-mitt-romneys-ira-be-disqualified-an-adventure-into-the-muddy-waters-of-the-prohibited-transaction-rules/ )

I agree with Rob...it's like gambling....you do what the precentages suggest...but you're always hoping for the one last thing to happen that will make you a winner.