Across the border is Easton, PA where prices are still very low.

Brian Jones - I'm a Cincinnati, OH REI. 12% cap is a very reasonable goal and esy to find in my area; especially if leveraging cash and buying in Bread & Butter or border markets.

It's also based on a tax system that doesn't handle gambling income in a very logical way.Technically, you are supposed to report all of your gambling wins/losses on your taxes.

When handled poorly (thoughtlessly), it's gambling.

I agree - seems like a gamble definitely not worth taking my friend

I have a property mgr for 10% and have to date not had a vacancy.However, being in commercial real estate, I know there is always that gamble.

It seems most other real estate forums border on the guru side.

Making educated bets is like gambling at a poker table.

It certainly wasn't there a year ago, but the tenant cannot remember when they saw it first time.It has yellow borders, about 12 inches in diameter and is not soft or damp or moist (it was raining hard a few days ago).

Too close to the "evil" gambling and the threat of increased crime (whether true or not, the perception will detract) and any casino workers that want to buy to be close to work will be lower income people, so at best they will maintain market level (but based on my friend's income level, I think they will be a step down).What are BP's thoughts on the situation?