There are other stable industries there though including a major university and college, regional hospital, casino and shipping.

There was some research on this think it was Zillow article and Facebook IPO.If I remember right a few neighborhoods saw a slight increase...I wouldn't buy a house looking to sell after IPOs...if you want to gamble buy stocks or go to the casino.

the only true shortcut i'd consider is luck. right place, right time, right people, right roulette pick, right day for that Vegas casino trip, right stock pick... you get the idea. 

Large venues like concerts, conventions, theme parks, casinos, weddings, etc. will all be hit for the rest of 2020.

With a casino, hotels, shopping, dinning, amusement, etc...I think it is a great long term play.

But, I have found that the "first pancake" is ultimately not scalable to a size that allows for freedom and holds little prospect of selling to another owner/operator.I was watching an interview with Tom Bilyeu of Tai Lopez [YouTube] where it's argued that if you fail in your first business, you're potentially doing damage to your brain's dopamine receptors. 

And this using a 203K FHA loan in the brutal market of Boston, on the east side of the Port Norfolk bay area.Facts & Numbers:2 beds & 2 baths on each of the 3 unitsPurchased for $655K @ 5% down-payment and a generous dose of 203K closing feesTaken a 30K cushion for the 203K streamlined rehabLocked in 4.25% @ 30 year interest rateAppraised at 750KThe numbers are certainly not the exquisite definition of what a ground-breaking deal stands for, but they certainly fare decently well in this seller's market where cash investors rule, the inventory is constantly challenged and most properties are getting sold for over asking price, taking advantage of the current interest rates, the Everett Casino construction, and a few other speculative but pragmatic plays.Just like most everyone else that was not raised or surrounded by real estate professionals from a young age, this deal was pretty much riddled with small mistakes here and there, from neglecting the fire department smoke and carbon detector regulations, being over-optimistic on the underwriting guidelines, underestimating the cost opportunity due to all sorts of processing delays, and you name it.Currently free from tenants, the expectation is to add value by rehabilitating the under-developed basement, adding 2nd and 3rd floor balcony decks, and a variety of practical and aesthetic fixes.

After some research, I realized I could get a job at a number of casinos in Florida, where property can be had for much cheaper than here, while rents can still make them cash flow.

Originally posted by @Tai Bhattad:Originally posted by @Brittany Wilkerson:I purchased 5 acres from a state sale and there isn't a structure on so there aren't really any improvements I can make, but am I able to make use of the land before receiving the deed?

Even at a time when numerous people had lost their savings, when all of the casinos were at the edge of bankruptcy, many people were fleeing the area, and before any announcements of Tesla and the other large employment drivers, we've seen less than 1% vacancy on our rentals and have had 30+ inquiries every time we put a unit on the market out here.