People love Vegas and it continues to bring new businesses (Hollywood 2.0) and sports teams, just look into different investment strategies. 

***ATTENTION BIGGERPOCKETS MODERATION TEAM***I would like to nominate V.G Jason (I know his name and profile may be a little cryptic but just go with it) for a promotion to Advanced Moderator or Supreme Moderator if it suits your fancy.  

Try to stick to under an hours drive per team. 

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

If you don't go into what you can afford, then you have to get into teams and syndication where you build the funding to buy larger commercial real estate.

I also see a lot of good deals on 2-4 unit investment rentals priced in favor of the investor.All of these seem to have a good price to cash flow ratio when it comes to even long term rentals.

Their is always a team in every market that can help you build your portfolio even when your not "on the ground".

We always encourage investors to conduct full due diligence on any property, team & market they choose to work with.

Some of the others I have seen should be shot for letting their sales team out of UT sell the way they do.