I'm looking for feedback from out of state buyers on the perception of the current Las Vegas market. 

Perception of highly motivated sellers and big profits I'd say.

I'd like to say it's getting close to the end, but I'm thinking now it may be 2013 or 14, when the perception of the economy has changed.

There are certain key success factors in running these that are proprietary to my firm - but what I can share is that pricing sets a perception with guests. 

You may be significantly lower to the perception from better tenants is there's something wrong with the unit.

Here's a blog I wrote with some SEC 8 tips you may like.https://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

Obviously that had nothing to do with anything other than the perception that they could gets lots of money.

Of course some of this is specific cities and some of this is in the past.At a minimum, Michigan has a perception challenge, which is affecting their economic development.

Also I've read in some jurisdictions the fire houses don't turn on the sirens right away in the middle of the night as they leave but turn the lights on first and then the sirens once they hit major streets.  

The special assessments, housing associations, and negative perceptions of tenants make it a tough battle to fight with cashflow.2) How does the rent compare to the cost of the units.