After 5 years cash flow, even in Vegas barely brought in $600-$800/mo per property.

Out here in the west its simply impossible to build anything that will sell for much less than 500k when your lots start at 100k to 200k each then permits are 30 to 75k each.. then you build the home thats the reality.. only way fed helps there is to buy private land and subsidize or turn federal lands into developments. the one market that would work is VEGAS as its surrounded by federal land.And from what I see in west coast the regional builders are back to pumping out spec homes as fast as they were pre GFC..

Vegas.

Seattle and Vegas are getting an NBA team by 2028, does that mean you invest there?

Regional hospital in Denison, Two huge casinos in Oklahoma and a number of smaller ones, Four TI chip plants under construction, and they already have a plant there now, but not sure what it makes, Tyson foods factory (I think chicken), airport that I would think gets some cargo service (but no passenger service yet). 

A lot of the bare ground has been getting used for google, Amazon, weekend stay hotels, bass pro, casinos.  

(Obviously in Vegas we have zero siding or roof expenses so your mileage may vary.)Good luck. 

Second property is in Vegas.

@Jennifer GazeThe areas around Vegas have been tightening the STR rules.

. :)I am a clean, quiet, and respectful person and looking for the same while rooming together for these few days.I live in Vegas but originally from SoCal.