I am cool  with buying something I perceive to be a good value and just sitting on it.. like that property I bought up in Rohnert Park next to the Graton Casino in 1995.... its only been 24 years but return on investment on that one will be literally 100 times what I paid for it.. and it cost me 300 a year in tax's and money that was pocket change to buy.. now granted what I do most wont as they need monthly income but I make monthly income in my real estate business and have basically zero income from rentals..

I left right as construction was starting on the casino.

I recently reached out to my guy (he’s a professional, does casinos, sports stadiums, public buildings, etc) for a bid and here’s his exact breakdown.

Fortunatly we never got on the Airbnb train, I remember too well what the last recession did to travel and tourism - I have seen it live in Vegas, empty casinos, 17,000 construction workers on the Aria City Center job sent home mid project.

I recall a fellow telling me that most people win in a casino; as I recall he had to borrow rent money after that experiment.  

I don't go to casinos to gamble. 

@Jeffrey Gordon  land assemblages with multiple mom and pop's can be a tough one.I own 4 acres across from the largest casino in N.

My good man Here you go:http://www.realtytrac.com/news/home-prices-and-sales/realtytrac-q3-2015-home-flipping-report/Zip CodeCityCountyState Q3 2015 Home FlipsPct of Total SalesYoY Pct Change Q3 2015 Avg Days to Flip Q3 2015 Flipping Avg Gross ProfitQ3 2015 Avg Gross ROI21229BaltimoreBaltimore CityMaryland1612.2%10.7%238 $ 67,517136.0%33603TampaHillsboroughFlorida2819.3%86.7%172 $ 103,150130.2%60652ChicagoCookIllinois1711.1%58.0%214 $ 106,036120.4%60402BerwynCookIllinois2210.7%188.2%220 $ 125,450120.3%60629ChicagoCookIllinois228.0%6.7%217 $ 106,197115.2%33803LakelandPolkFlorida118.9%101.1%207 $ 60,641106.4%60638ChicagoCookIllinois189.7%58.6%234 $ 123,009104.6%60634ChicagoCookIllinois2510.0%46.3%225 $ 157,379103.8%21207Gwynn OakBaltimoreMaryland3227.1%108.6%209 $ 96,75497.8%17331HanoverYorkPennsylvania179.2%100.6%186 $ 79,45597.5%37043ClarksvilleMontgomeryTennessee186.3%-10.8%186 $ 98,61795.1%32205JacksonvilleDuvalFlorida2815.1%86.9%177 $ 62,32994.7%37209NashvilleDavidsonTennessee189.2%22.6%203 $ 131,07593.3%33713Saint PetersburgPinellasFlorida2712.6%-3.4%170 $ 71,50793.2%44060MentorLakeOhio144.8%32.2%230 $ 64,17391.4%23701PortsmouthPortsmouth CityVirginia1012.3%188.9%241 $ 66,22189.1%70058HarveyJeffersonLouisiana1712.1%189.4%193 $ 65,92788.0%33755ClearwaterPinellasFlorida2014.0%67.8%190 $ 77,52187.6%33952Port CharlotteCharlotteFlorida3010.9%63.1%219 $ 65,96887.0%20748Temple HillsPrince George’s CountyMaryland1321.0%85.2%164

We were under contract with your neighbor Geter to buy his lot awhile back.Its all good man, consider me correctly mistaken.

I use Jon Goodman with Frascona Law Firm in Denver.