The shortage of land combined with the increasing population almost guarantees property prices and rents will continue to increase.Pro-business government - With a low-regulation environment, streamlined licensing and approval processes, and favorable tax policies, Nevada is a very business-friendly state.Jobs - According to Glass Door and Monster, today, Las Vegas has between 26,000 and 31,000 open jobs.

Purchase price: $450,000 Cash invested: $85,000 Short-term rental that emphasizes on-site amenities, creating an environment that creates an unforgettable experience to each guest.

However, on the down side, it creates a very "buyer/customer beware" environment.

We are making adjustments to processes as the COVID-19 environment demands (working with title companies and lenders to figure out virtual signing of closing docs, etc), but overall, Kansas City real estate is still rocking.

In my opinion, and echoing the sentiments expressed here, this is an area with solid, predictable, consistent tourist traffic and limited "traditional" lodging opportunities, which is a good environment for STRs - but the market is quite competitive, and a top-notch experience and some sort of hook or "niche" will be necessary to keep your property at higher occupancy. 

This would include things like prefab bathrooms or SIPS.

Its a family environment of like minded people who are truly amazing!!

Yes I agree in any environment to go in with your eyes open.

It's a commercial property (5 units) so 75% LTV may not be available, especially in this tightening credit environment.

Not wasting time worrying about what is going to happen in the macroeconomic environment.