For me it was a gamble to get the licensing, I was getting a divorce and didn't have extra cash - I put everything on a credit card.

We have a very diversified group of pro sport team fans as a result.

The tenant originally stated he had gambling issues and today when he called he said he had money invested in the USA stock market which 'is taking a long time to clear' this seems like an unlikely story and another ploy to extend the eviction process.

Hi @Lacee BeitlerI know/have talked to a few people doing this recently, but to be successful it seems to need to be near the light rail line, the North Side (for sporting events), or in South Side/Lawrenceville/Shady Side/etc.Also, just make sure you hold back the 7% tax.

I would never have rented to her for many reasons, primarily because I have no reason to gamble on high risk tenants.Be very careful in the future as you are likely only going to get that lucky once in your life as a landlord, don't let this success story influence your future tenant selection. 9 times in 10 a landlord would have been seriously burned by this type of tenant. 

I won't gamble it and always use an attorney.

Real estate investing is a contact sport.

go to your reia  meetings and do heavy networking..not to be a Debbie downer but wholesaling is VERY tough and especially in hot =markets like phxit would be easier in Indy, and in Dallas its a contact sport... not sure you came to greener pastures.. or brown desert as it were.you will find wholesalers at the reia's though no doubt.

From professional sports to the arts to corporate development, we are on the up-and-up for the long term. 

Yardi Matrix has predicted we will also be the #1 rental growth market in the nation in 2017 with 10% year-on-year growth, and 8.5% growth next year.For some anecdotes, in the past couple months I've met a handful of clients who are all young couples that are professionals in their late 20's & early 30's, and are leaving the uber-expensive Bay Area and are looking to settle down here in Sacramento where housing is more affordable.Sacramento offers enough of a "big city feel" for Bay Area residents and has several colleges, major sports teams, an international airport, etc.