as @Christopher Brainard  states beside breaking the law.NV is really really tough on inforcing commercial code laws.. lending laws RE laws.. gambling laws. not a state to fool withand the market there is so strong and hot it pretty tough go.but if you think this is how to make money then  you need to line up your transactional funding close then resell.. that's where the wholesaling industry ( can't call it that) but that's were this is all going.

It is definitely a gamble. 

Unless they are turn-key costs, I wouldn't gamble especially at that price point.

Just like you make your banker's job easier by coming in with a neatly organized folder as opposed to 1,000 lose pages, and just like you make your CPA's job easier by not showing up with a shoe-box full of receipts, don't give your PM a $30,000 pig and expect them to work miracles - no miracles in this sport, right Chris?

It is flat out gambling.

Like land near sports arenas?

Since REI is a team sport, it is so critical that you surround yourself with the right group to accomplish your goals as efficiently as possible.

Having worked in the customer service department for both a large outdoor sporting goods retailer and the patient relations department of a major medical center and hospital, I've learned this....Good customer service requires listening to the customer, responding with kind understanding, finding out what they would like to have happen, and then negotiating for a solution.Once you take responsibility, apologize for the mishap and ask the tenant what they would like you to do.

I do miss the Mud Hens a bit, but must say I am enjoying the local Sydney sports! 

I've ramped up efforts to buy more lots, but it's blood sport to get the right dirt, at the right place, at the right price.