If your heart melts every time someone tells you they lost their paycheck at the casino, you may not be cut out to be a hands-on landlord.

For close proximity to San Juan and the tourist mainstays: casino, beaches and other entertainment the Condado area is ideal for a condo, multifamily or apartment but limited on the deals at the moment.   

@Saul Trejo I'd recommend closely following any information that comes out about the south suburban casino.

The issue isn't with the hard money lenders so much, it's with the market turning into a casino more and more.... and the fact that I was looking to lifestyles to provide me with ALL my deals.

Too bad that Casino didn't get built in Kenosha, Thanks Walker! 

Here is my response to that question:I don't go to casinos to gamble.

They would prefer them to be torn down and apartments, hotels or casinos built there as they bring in a much higher tax base for the city/county.

The place you've mentioned, Is that where Emerald Queen Casino is ?

I had two try this one us and we just said no and they clsoed anyway.. we had a sale yesterday to a hedge fund that closed with no hitches we have one today in Vegas were we had a FHA buyer  the only issue is they had to get a letter from their employer that they will be back to work once the 30 day closure of all Casinos' is over.. so thats closing today with no concession.. 

I mean I was in Oregon and bought 13 new construction homes down there for the tax bene's it had to be new construction.. so it really boomed the area.. all the Casinos got the huge write offs car dealers all built new facilities office and retail went up all over the place.. it worked.. maybe something like that would work on a national scale..