I'm in Las Vegas and the properties here do not cashflow.

Las Vegas is just such a location.

Unlike Quicken, everything you need to do for your bookkeeping to compile everything for your tax records is on one screen and you can set up the software in about two minutes and you are ready to go.The screenshot shows the day we opened this bank account when I purchased 5 homes for my son in Las Vegas.

So whether it is a good time to invest in Las Vegas or anywhere else depends on a combination of the location, tenant pool, and the property.There's another factor at play in Las Vegas and other locations.

I live in Las Vegas NV. 

I am an investor flipping homes in Las Vegas.

HOA las can be an issue, but reasonable fees and taxes can be found that leave you with some decent cash flow.

Hopefully this is going in the right place, and yes, I searched and found very little on the topic which I find strange, so I'm going to see if I can get more input.I have a handful of employees (3-6 that are serious about it enough to follow through at the end of the day) that are constantly asking me questions about my real estate investment deals, how I started, etc.None of them alone have the cash sitting around to risk on a down payment for a decent rental here in Las Vegas.  

I think Las Vegas would be an ideal location.

There are a ton of So Cal investors in Las Vegas.