I am currently living in Los Angeles, but plan to move to Las Vegas to invest. 

We sold 5 of his homes in Las Vegas and paid $1,750,000 cash for the property.

For example, check out Spencer Cornelia's posts / podcasts about investing in Ohio from Las Vegas. 

I just sold 24 homes in Las Vegas last year and I was impressed when many of the home inspectors found cracked roof tiles on the roofs that were 36+ feet high. 

This happens insanely often in Vegas where we average 4-6% humidity.

This comes from an article I wrote a few years ago comparing two similar properties, one in Austin and one in Las Vegas.

Look what happens with Las Vegas every time the gaming, hospitality and tourism industries crashes. 

I won’t say that I’m making too much of a bank with my properties, but the business has been good enough where I’m looking to get closer to the Las Vegas downtown.

There have been recent legislative changes that have impacted property management in Nevada. AB308 Impacts “increase of rent” notices: for a periodic tenancy of 1 month or more, 60 days in advance of the first rental ...

Rest due at closing) You can look at it anyway you want, but while you're looking, don't miss these financial facts:1- Cost to you = $63,6802 - Profit = $20,0003 - Remaining Cost not recovered = $43,680 (you don't make a profit until you recover all your costs, so the $20k "profit" in Item #1 isn't a profit...unless you think going to Vegas with $10k in cash, increasing your cash to $15k, then losing $30k is somehow winning $5k)4 - If, as mentioned above, you can get $350/month ($4200/yr) in rent...which if you were breaking even before, you would now be cash flowing $4300/year.5 - Unfortunately, that means it will still take you 10+ years (all being perfect) to recover the rest of your cost.6 - Still not a good deal...at all.