Lots of multi family options here, as well as transient workers and tourists.

that said... the crime stats are alarming in greater vegas, the economy seems very flimsy, 50% of casino economy dependent on international tourists, and the competition seems to be fierce for "sub-prime" renters.I think there are still a lot of smaller Tier 3 type markets all over the west (including in Nevada) better than vegas.... but vegas does have the allure.. like a casino enticing you into a game it knows you cannot win over the long term:)   

Born and raised and the tourists are still what drives this area.

Hi All, My husband and I bought a home in Surfside, Texas last year which is a popular tourist town and Air B&B hot spot. 

I'm sure if you find something closer to the historic Plaza (tourist area) or the spa or ski area (in the mountains), and you can find it cheap enough, then you may be able to make it work.

For a LTR to work as a vacation rental it must be in a desirable location that tourists will flock to.

We have kept our prices low this month since we don't have any reviews on this property, but we are already booked for Birkshire Hathaway (huge tourist event for Omaha) and a few Creighton games. 

Also, if there's is a limited number of STR in a popular tourist area, they get booked no matter how bad the listing looks!

Having an industry that is unique to the area will drive many tourist and boost to the local economy.

I’m in the Pigeon Forge / Gatlinburg market and I think most folks would agree it has the biggest Vacation Rental returns in the country largely in part to the year round bookings and 12 million annual tourists.