Hi, Nice to meet another investor from Las Vegas I would be careful because the market in Las Vegas now is unstable.

There lives are really unstable right now and they may or may not succeed and a majority of the income is tied to a family business.If you go this route require an extra large deposit to compensate for the extra risk.

I want my life to be fun and not dealing with people with major problems who are unstable all of the time causing drama.

So I would only have current landlord as a reference, and he hasn't replied yet.If the 2nd couple's story checks out as well as current LL reference - would you rent to the ones with the higher incomes and longer employment history - but possibly spottier credit history and only current LL reference, or the younger couple with the better credit history but high amount of debt and possibly more unstable current incomes?

I agree with Jon.I lease option then assign or sandwich lease option only current 30 year fixed 4 B properties.I never do lease options with an unstable seller trying to do a short sale.I may do a lease option on a current mortgage but slightly underwater house if it is a long term lease option, like 5 years.

It's a pleasure to be joining such an informative community, I plan to build wealth in KNOWLEDGE along with real estate.Currently I'm 24 and a part-time student, being part of such unstable times during my generation I would like to acquire more than just a degree!

California to me seems a bit unstable.

The unstable soil around here can cause foundation/plumbing/ roof costs to jump quick if you under estimate.

When you have POVERTY - you have unstable environment which leads to depression and crime.

Further, even if I was a star applicant to a small bank, some still could not make these loans since their equity base was unstable or deteriorating and the FDIC was performing a colonoscopy on them every other day.