In my area most buyers pay cash over pay for a duplex for 1M, They gamble on potential rental increase and appreciation.

I love Las Vegas, not even for the gambling but it just offer so. much.

Convention visitors is down 3% (-100k people)Vacation visitors is down 1% (-180k people)Gambling profits up 4.5% (+ $100 million to $3.3billion)The average room rate is actually up (barely) although the revpar is down barely. 

This is especially good because when they put their own information in, the emails are less likely to be filtered out into spam. 

I think Toscano has been on the market for multiple years and it is unfortunate if they still have "new" homes for sale.San Luis is a great place to live, but you will be taking a sizable gamble if you are looking for future appreciation in the near term.  

@Andrew Brown,That's a financial decision you'll have to make for yourself.Depending on appreciation is speculation (read: gambling), not "investing".

The gamble with a rehab is that you will sell it for a certain price when you complete the work.

Jeff - It seems that your company continues to send people to our site, who all ignore our rules and simply SPAM advertisements all over our forums.

If you don't have much equity and the house doesn't cash flow, you are then really banking on appreciation, and that's a gamble in my opinion.

Since then they've been spamming me with texts on other properties, I've requested multiple times for them to stop, but they just keep changing the phone number they text me from.