I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

I use Eric Kloth out of Redding and he is stuck with us for this and our future home buying needs. 

If it is, why can't you buy similar properties that you are renting with the money you make.If you get $200,000 annually(split proceeds with the other owner), you should be able to buy almost any type of property.

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.

How do you buy anything or stay somewhere?

Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.

Or buying opportunities if the bottom is reached soon.

Please feel free to reach out to me and my team if you would like to come up with a game plan and build your buy box. 

Looking to buy multifamilies in Houston