@Sara Lung not really, and speculating on commercial real estate is a whole different ball game and can be extremely risky, but in general it won't have much of an affect, casinos are pretty common and are all over in my area and don't have an impact on surrounding values.

I have no clue what size project you are considering, but feasibility, environmental, and permitting can take a long time.

Unfortunately, some CPAs, provide ill-advised guidance to their clients.An IRA's investment gains do not have any impact on allowed contributions.

So yes while the value of properties may fall during a recession, who cares as long as I am getting my rent checks it has no impact on me.I think where you buy also depends on your goals, if you are looking for cash flow, appreciation or both?  

This includes things like past flooding and flood risk, unsafe conditions, municipal code violations, environmental issues, boundary line disputes, and material defects in specified structures, components, and systems.You must make these disclosures prior to signing the sales contract, on a standard form that’s discussed below.

Mine will have washer/dryer hookups since we are already running the plumbing and we felt would make a large impact on marketability.Thanks for the feedback!

What real estate impact investing businesses are you aware of?

@Gregg Benningfield This is a bit off topic but with the recent $10,000 incentives for employees of some tech companies from the SF Bay Area to move to Tulsa, has that impacted the market ?

I don't think more flips will impact your "readiness" for commercial development.

I did read the E-Myth a while back and that book has had an incredible impact on me over the past couple of years.