Questions that come up frequently and the answer that addresses directly the question.

Infrastructure Trend: The one consistent improvement I see everytime I visit (and I do mean everytime) is that there is always a casino being built/remodeled (I imagine that this is a perpetual event)---this isn't infrastructure in my opinion.

Prices are high, quality is frequently low, contractors don't take ANY interest in the properties, so you lose "eyes and ears", they work on their schedule, and on and on.

I frequently pay cash for properties and then rehab them.

The exclusion amount is $250,000 for unmarried homeowners.Americans who own two homes frequently sell one and live in the other for two additional years to claim the benefit twice, which is permissible.The proposal adopted today would let only a portion of the profit on a vacation home be excluded from tax, depending on how long the property has been owned rather than lived in.For example, if a married couple owned a vacation home for eight years, then lived in it for two years before selling, only 20 percent of their profit would be eligible for the capital- gains exclusion.Last Updated: October 4, 2007 19:53 EDTSource: Bloomberg News

Wifee is originally from Cincinnati and we both visit frequently for family.

Yes, he has more flexibility when it comes to refinancing or drawing on a line of credit but those are not typically things that are done on a frequent basis and if he foresees the need to do one of these anytime soon, I would suggest that he got in over his head to begin with.Anyway - just a little different angle to look at things.

My boss who is direct to one of our major investors is in need of a Las Vegas Casino that he can purchase for 65%LTV or lower.

Josh, I am sure there are a lot of people like myself who may not post frequently, but do read the posts regularly--keeping your server very busy.

People are also watching for the late 2008 opening of an $879 million Sands slots casino project on the Bethlehem Steel brownfields...some eager, some not so.