I find that CPAs and tax pros often project their risk profile onto the client.

Just read the summary of your investment in your BP profile. 

I do know they *typically* carry a higher risk profile, given their higher return potential (after all, you're usually and hopefully buying at a discount).

It's pretty normal I feel, but if you screen the right tenants and establish a good profile on them, then it would probably pay to keep them happy and let them mount.

I tried to look at your profile to see what State you're in at it will make a difference, but I couldn't tell.

I would add this to my profile but only allows for US areas. 

Additionally, if flood risk is a concern, prioritize areas with lower risk profiles. 

I like the sound of option 2 but the risk profile of option 1.

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF showed a slight drop MoM, which is surprising considering the decreasing rental inventory and time to rent.

However, the profile thoroughly communicates they smoke a lot of weed.