Hollywood Park race track was demolished and now, there is also a huge mixed used development going on right next door where the Hollywood Casino still stands so who knows?  

Once again - invest in yourself first, otherwise you can take the $150K to vegas. 

And could have for sure bought one in PHX and VEgas.. and probably not be in this wipe out scenario.. that's the stuff that bothers me seeing good hardworking people buy into a dream when they really have no business being landlords in the first place. at least not landlords in Renter dominated mid west markets... those that are successful in those markets scale and want to create a business. those that buy a few and think ( well I don't know what they think) I think its 50/50 over a 5 year period whether they take a loss of capital and potential foreclosure for lack of production of the asset.Eric your experienced where do you think all this inventory comes from...

You get near motorcity casino its a warzone.

Hi @James Clayton I'm a wholesaler in Las Vegas Nevada and I have done a number of Wholesale deals successfully.  

If you want to check it out, the address is 1124 Stone River Drive, Las Vegas NV 89030. 

You will also find a large number of them at the MHI Congress in Las Vegas every April. 

Vegas to circulate some of that excess dough!

The property is in San Antonio TX and I guess 4x is a little exagerated but not by much since I live in Vegas where I pay a little over $300/year for the owner occupied and for the rental I'm paying close to $1200 and I did shop a few companies before I went with this one.

Instead, I got into Las Vegas apartments for 3 years in early 1990's and property management became a necessary evil.