The parimutuel horse track and casino, Hoosier Downs owned and operated by Churchill Downs, is a significant attraction to local patrons given the local mall is basically non-existent.

B/C title company have recording slots .. only way they can do it early is to request a special and it has to be truly a special circumstance before the county will let them come in and record at time other than their daily allotted time.Now we would be fubared in Wayne county  ( Detroit) takes that inept county 2 to 4 months to record anything   LOL>..

We currently have the 2nd highest foreclosure rate in the nation and uncertainty with changes in the casino market.  

Thanks again Chris Mason for taking the time, that is extremely helpful knowledge for this new investor.Al Casino , also a very valid point.

@Guy Olds well I'm kind of a go after it kinda guy lol.... i heard slot of good about yellow letters but just wondering what people are doing here in socal... your a wholesaler right ??

@Chris Clothier  posted his stats  on their company.. maybe you can find that post.Majority own 4 or less ( mortgage slots) however many own more than that.One of my vendors in another market has one client that bought 60 plus homes from them.. although he is fully engagedlast time I was on a vendor trip and in their office this guy was there working with maintenance teams and PMs.. usually financing is the hold back to larger portfolios.

The local govt has a history of corruption & overspending.Last time I was down the Hilton Coronado had shut down its casino.

Purchase price: $482,000,000 Cash invested: $26,000,000 The Las Vegas property is a Hotel and Casino, Chicago is a 814 unit profile.

I personally was out there gathering information and documents regarding raw Oceanfront property (with permits in place for Hotel Casino and Resort), Acreage for agriculture development (Puerto Rico is blessed with very Fertile Soil), some shopping centers in urban areas and 2 private islands that a broker wants me to help him market here in the States.

DEFINITELY not ready for anything larger than 4 units yet.I assumed commercial since there are several posts about using up ‘slots’ for personal mortgages- of which there are 7-10 apparently (?)