So, I do not believe prices are overheated.Will prices decrease significantly in Las Vegas?

@Victor A jimenez I'm a crypto-friendly realtor based out in Vegas - love to connect!

Hi BP community, So my family and I have our home paid off and looking for a credit union in Las Vegas to take out a Heloc to leverage that equity into buying a rental.

Hello,My husband and I are selling our home in Michigan to move back to Las Vegas.  

All in Las Vegas/Henderson.

I owned about a dozen SFR rentals in vegas and rents were skyrocketing.

Reminds me of my trip to Las Vegas

I think this is how I understand your situation to be...Cash Flow Analysis: Option 1: Total cash flow from stock growth: $38,915Option 2: Total cash flow from rental income and stock growth: $72,610Return on Investment (ROI): Option 1: Initial investment: $100,000 Gain: $56,915 ROI: ($56,915 / $100,000) x 100% = 56.9%Option 2: Initial investment: $100,000 Gain: $72,610 ROI: ($72,610 / $100,000) x 100% = 72.6%Break-Even Point: I don't have the numbers for growth rate, rental income growth rates, I do know your cash investment per month so I'll reverse engineer and pretend you get $300 cash flow per month instead :) oh and I don't have the timeframe so I'll just use your 5 year timeline, I'll also use the 22.7% growth rate in Las Vegas Rental market :) You can always plug in your actual growth based on your data points.Option 1: Keep Investing MoneyAssuming an initial investment of $10,000 and a monthly cash flow of $300, after 5 years with a 6.6% annual growth rate, the total money from Option 1 would be approximately $16,605.Option 2: Pay Off Rental + Invest Cash FlowWith an increased monthly cash flow of $1,000 and assuming a steady annual rental income growth rate of 22.7%, after 5 years, the total money from Option 2 would be approximately $18,899.Therefore, based on these calculations, Option 2 would catch up to Option 1 by the end of the 5th year.Okay I am not a financial advisor/lender but that was a fun exercise.

And same thing as @Bruce Woodruff mentioned our place in Vegas is right next to a big open space and the Coyotes are the threat there. 

That sounds like one of those Vegas stories where someone claims someone stole their money out of the hotel safe when the reality was they gambled it away when drunk and forgot all about it.I don't think all those threats are helpful, though.