The shortage of land, combined with the increasing population, almost guarantees that property prices and rents will continue to increase.Pro-business governmentWith a low-regulation environment, streamlined licensing and approval processes, and favorable tax policies, the Nevada State and Clark County (Las Vegas metro) is a very business-friendly jurisdiction.Population growthThe population continues to grow at a sustainable rate of about 2.5% to 3%.JobsAccording to Glass Door and Monster, today, Las Vegas has between 26,000 and 31,000 open jobs.

@Joe Kim, your monster mistake was by not trying to cater to 'everyman'.

The world's starting to come un-zipped, and I don't think many have a clue what kind of monster is pressing out from underneath it all. 

And free monster truck rides for the kids!

I realize this is an extremely simplified version, but want to make sure I'm in the right ballpark since San Diego is its own kind of monster regarding contractors, material pricing, etc.Do these simplified estimates seem about right?

Fix and flips can be a monster of a first project, especially if you do not have the trusted people or processes set up before hand.

Sorry, I'm not an attorney.You know, the Florida Real Estate Commission really isn't full of monsters, they are in public service and are probably fairly nice people.

@Abe Rouzi'd start in a market in which you can be in person / hands on.the dream of cheap cash flow monsters in the midwest doesn't work the same with interest rates where they are.can you house hack? 

So seems to be a bit more hands on than I imagined and seems to be lots of tricks for the mischievous to pull.I'm sure as you network more, maybe you figure out these things...like maybe better to buy a 1bed 1bath house, or the opposite, big monster house with high fees.Not sure about city ordinances in SA, but that is something to be aware about too....besides normal HOA restrictions.   

So naturally, they call before you are up and running and you are probably frustrated because you haven't landed that monster deal yet.