Lead / Deadwood is further north and has gained popularity for adults due to gambling in Deadwood and is a good winter area due to Terry Peak skiing and snowmobiling.

It's a gamble, but it is what it is.

I am new to the forum for the first time and thrilled to read a few.

Long story, her husband thought real estate investing is gambling and speculation, so they always lived in a SFH.

Gambling on appreciation is just that, gambling. 

@Eric Carr I think it's the property holding pattern while gambling on the hopes of that long-term equity growth is the problem for many people. 

this is why I personally am bullish on Vegas.. at least the newer areas of Summerlin or Henderson.. homes that were built in the 90s or 2000s  Stucco  tile roofs desert landscape.. with A class tenants  no income tax and  property tax's subsidized by gambling. property tax's are by far teh lowest I have ever seen in the US for investors..

Nicely done.it the thought process that we see on BP   IE   Cash flow is everything and appreciation is gambling and i don't care if I ever get appreciation as long as I get some cash flow. 

Finding any strategy to deal with increased interest rates, other than paying less money for properties, is in essence a gamble that interest rates will soon come down.

But I view those as a losing gamble.