I spoke with a couple investors in Las Vegas last night who informed me they found some great deals this way.

I'm from Cape Cod by way of Las Vegas and Madison, WI.

Las Vegas has been cheap during the last few years.

I have seen that north las vegas, silverado ranch, and summerlin have been the hotter areas for strong rentals.

@Steven Coppola while it makes better sense to buy, it just isn’t always possible... for instance, when I moved due to my job, I went from the relatively affordable Las Vegas market to one of the most expensive markets in the world.

There are only two times in life to plant a tree.

Have you thought of Las Vegas?

If anybody could truly do it with any sort of accuracy and consistency, then Las Vegas would be the place to get rich, not Wall Street or Main Street.With cash flow, you can narrow down what your return will be today with relative accuracy, but over the long run, many other factors will influence your total return, such as appreciation, market rents, tenant problems, maintenance issues, tax laws, city ordinances, etc.

I'm relocating to Las Vegas from LA for various reasons and plan to start my investing in the area. 

My J-O-B went away right after I purchased my first house in Las Vegas (2003).