A 5% cap rate is really hard to find as I frequently search.

Its strength is in empowering people to set money aside for large, less frequent expenses.

Flood zones don't change frequently.  

For me one of the most important characteristics is the location, trying to make sure that it is a place frequented by tourists or travelers passing through, and that it has attractive places nearby.And what do you take into account besides this?

Our approach is to tell you what we think as specifically as we can, provide the data upon which we base our conclusions, and discuss any contraindicating data that we perceive as major threats to our assumptions.Las Vegas Investment SituationI decided to start with the most frequent questions I get concerning the current state of the market.Foreclosures, REO, and Short SalesAre there a lot of distressed properties in Las Vegas?

@Paul William Meade, this topic comes up frequently.

we did it more frequently than one might think..

Yes, I wasn't very clear - "more often as needed" was intended to mean "on a more frequent basis if needed"

Cash flow is often very high in these areas, frequently beating the 2% rule.

Although I am based in Toronto, we frequently go to Quebec to visit friends and vacation there.