We have a house in North Las Vegas, NV. paid off and worth around 450,000.

Then you could live another 20 - 30 years off that cash-flow.The best time to plant a tree was 20 years ago.

I have a 4plex in Las Vegas that I recently acquired.

I am an owner/host and have been a guest, so some of these comments from guests hit close to home :)As a guest, I've stayed in Idaho Springs, CO and in Las Vegas and had great experiences both times.

She took money out of the condo and purchased a brand new 4-bedroom home in Gardena California about 1/2 mile from El Camino College and rented the home to about 12 college students.When I met this girl she was already in the United States for only seven years, owned 15 properties including one in Las Vegas, Victorville California and I did the math and figured if she cashed out she was worth $2.3 million, at the age of only 28-years old.I have another friend who owns more than 6,000 apartment units in the Los Angeles, Torrance and Long Beach areas.

@Brian Walters Yes I would search Las Vegas in the forums.

I am also in the mohave county arizona to las vegas area.

I've always been interested in real estate but only did it on a very small scale in NYC and Las Vegas. 

Below are some generalizations about the property and ongoing maintenance costOlder properties require more maintenance than newer properties.The tenant pool has a large impact on your ongoing maintenance cost.Composition roofs require more maintenance than tile roofs.Properties in climates with hard freezes require more maintenance than properties in mild climates.Properties in locations with a lot of moisture require more maintenance than dry climates.Wood siding requires more maintenance than aluminum or stucco siding.Properties with lush vegetation require more maintenance than properties with little or no vegetation.Locations with high levels of termite activity will require more maintenance than areas with little or no termite activity.Future rentabilityToday, almost anything will rent in the Las Vegas market due to high demand and limited rental inventory.

If anyone is masterminding in Las Vegas, let me know.