Area is often either gentrifying or becoming a total war zone.

Use the money to fix and flip 2-3 homes and put more money in the war chest.

@Patrick M. yeesh rent control, a temporary government program from the Great War (World War ONE) run amok until the present day.

Bidding wars are routine and it seems like the good deals come and go within days.I'm looking for a couple of things:1.  

I have seen from numerous transactions we have done in the past, that some management companies will stick it to California and New York investors with their rates by charging "California" type prices whereas a Midwest investor will be paying a lot lower. 

Keep in mind, my main goal isn't to purchase numerous properties right now.

You can always find war zone stuff were the numbers are skewed but they are skewed for risk / reward.

The North LV and East LV areas certainly are rougher than Summerlin and Henderson but they're not exactly war zones.  

.- 5-20 unit multi-family apartment buildings- C- to B class areas (no war zones)-  off street parking-  distressed or turn key- all of RI and Eastern MAPlease contact me anytimeI also look to network with other local investors and enjoy bringing value to others.

I am 42 yrs old and after reading Rich Dad Poor Dad and listening to numerous podcasts which include BP, The Real Estate Guys, and some others I feel its time I take action.