I believe I have a better 'approach' than this "buy -n- hold" mentality that remains almost entirely beholden to whims of a highly controlled and regulated "casino play..." just like the rest of their "what goes UP, must come down, roller coaster" games.

The turn over is high and Tenants here will have a lot of drama unless you get someone that works in the strip casinos to rent your house bc they usually keep up with the rent.

Says he needs to sell in 7 days because he has an option to buy a casino in Reno and needs the cash out of his house to close the deal.He owes $2,900,000 on a $20,000,000 house in Maui.

The location of the property is important, close to skiing, casino, water parks and what amenities the property location has.

Hello @Dain Caesar and let me be the first member to welcome you to Bigger Pockets.

There is a casino/thousands of homes slated and under way kind of nearby.

In LAS VEGAS tons but the average rate for out of casino venues is between 5-10k.

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.