Convention visitors is down 3% (-100k people)Vacation visitors is down 1% (-180k people)Gambling profits up 4.5% (+ $100 million to $3.3billion)The average room rate is actually up (barely) although the revpar is down barely. 

@Paul Sandhu- thanks Paul you never fail to deliver on good information and hilarious content. as far as the area we are looking in, I think its safe to say it would be mostly for sports events, museums, casino, etc.  

For me, it's so i don't have to work and have time to spend time with my daughter, and to be able to afford to let her do whatever she wants to do (e.g. learn sports/musical instruments/arts should she desire to do so). 

I am a big sports fan mostly of my University of Houston Cougars and my Houston Astros (Go Stros!).

I think Toscano has been on the market for multiple years and it is unfortunate if they still have "new" homes for sale.San Luis is a great place to live, but you will be taking a sizable gamble if you are looking for future appreciation in the near term.  

@Andrew Brown,That's a financial decision you'll have to make for yourself.Depending on appreciation is speculation (read: gambling), not "investing".

I just bought a sports car two weeks ago.

The gamble with a rehab is that you will sell it for a certain price when you complete the work.

If you don't have much equity and the house doesn't cash flow, you are then really banking on appreciation, and that's a gamble in my opinion.

Hey guys,I'm 25 from Sydney, completed my Bachelor of Exercise Science (Sport and Exercise) and currently undertaking a postgraduate degree, Masters of Strength and Conditioning.