You want to get as close into the big casinos as you can without actually getting some of the slum stuff that is right there (or get a whole block of the slum and fix it up).

Says he needs to sell in 7 days because he has an option to buy a casino in Reno and needs the cash out of his house to close the deal.He owes $2,900,000 on a $20,000,000 house in Maui.

And thanks to @Mike Cumbie, now I know why.Knowing what you know now, it sounds like the casino would be as good a place to put your money.

one of the best investments I ever made was I bought 4 acres behind the home depot in Rohnert park in 1995.then all of a sudden they build the graton casino right across the street from me. :)  well no cash flow but I paid 27k for it  CASH and paid 300 a year in tax's and listed it for 3 million currently had one offer at 2.4.. not sure if a rental at 27k over the last 20 some years would have done better but got to love path of progress CA real estate..

@Ken Goodman not as easy , with NY STATE LAWS .

The turn over is high and Tenants here will have a lot of drama unless you get someone that works in the strip casinos to rent your house bc they usually keep up with the rent.

Just as casinos found when card counting started in blackjack... even when you tell people the answer, they still go with their gut!

You should see what is happening downtown for yourself everything from 99.9% occupancy rates, new business development, world class chefs, casino, lake, river, beaches, millennials are moving into and staying  within affordable downtown, major sports, new convention center and much more - its really AMAZING!!!!

The position of F#$& You as portrayed in The Gambler by John Goodman's character continues to inspire me.

While this is a total generalization, South LT renters will usually be visiting the casinos and enjoying the nightlife.