Not experienced yet, but I do believe you are on the right track when thinking of re-positioning your money that may have reached its peak in the Vegas homes and could be getting stagnant and considering the possibility of Vegas losing its uniqueness as other areas open up to the casino life, it may be wise to consider 1031 exchanges and move out of there.

NJ casino industry will likely see some dark times .  

I'm trying to decide which direction to go vs. my current buy and hold strategy.And I look forward to meeting other members and their opinions, experiences, etc via this great cyber landscape.

I look at life like i look at a casino.. the games with the best chances to are fewest on the floor...

One investor revealed his mindset when he and his wife went to the casinos at Lake Tahoe with my wife and I.

@Christopher Hunter I appreciate the welcome and when you get that casino going let me know!

Anything hands-off with 20+% CoC returnDevelop, own or operate a casino in AC or Vegas

I think its a neat concept, but I personally will not throw more money than I could afford to lose into it in the meantime (just like if I were at the casino, although I am not too shabby at blackjack ;).

Cyber Applications Group, LLC is in the final stages of development for the Virtual Property Manager, a web-based system for individual owners of rental property to professionally manage their own properties.The target market is people who are relatively new to the real estate investing business and could benefit from a product that also helps educate them on the process of being a landlord.

I am not much of a gambler...heck, whenever I end up at a casino (with friends or a group that goes there) I lose all of my money at the bar.