If one is going to risk life, limb, and family relationships then one should evaluate the whole picture.

In the grand scheme, they will be far lower than the operating ratios of any stock market company.It's what you keep that matters: To focus on any particular component of an investment strategy results in missing the big picture.

But it all depends on the numbers and total picture....not just the price of the property.

So a slow down in Vegas may just mean a coulde exhibits or cenventions have moved to Orlando or Chicago.You have to look at the big picture, otherwise you see only pixels and they can point you in the wrong direction.Inventory will remain low for the next years, because we have not built on average rates for almost a decade (2007-2017) and it will take time to get caught up, as builders don't have the capacity they used to have and trades have left the industry.

I'll post a picture of the street below.  

Do you have a picture?

Shame there are not pictures .

Looking at the big picture it seems like you can make a good return on your money with less risk involved.

I would get a clearer picture on the type of mold remediation it needs and get an even better handle on the in ground oil tank situation before you agree to any kind of purchase price.

Your asking for answers but not providing a complete picture of the situation.