I have been in this town for years and very active in this market and few other states.If you look back before the BOOM years (03-07)Vegas has always had a flat market and cheap housing.Most people are in service industry in the town and are living based off tips, income hasn't and was never changed it was only the pricing that went off the proof, unemployment is high and housing is where it really needs to be.CHEAP Housing in the DESERT!

I figured that web hosting is so cheap that it was stupid not to set one up.

Simplicity rules the day, the idea is to have it pro buyer, legally iron clad, escape options, and non threatening simple language that can be done at the kitchen table, notarized at the bank, and make for a cheap as ez as possible closing/ filing.

Don't be cheap with the law, it won't be cheap on you...

Buy 2 cheap houses that you can purchase and rehab for cash then rent them and refi your money out.

Based on scale, those are some cheap duplexes with huge cash flow assumptions.  

He bought it during a cheap time, and now times are different.

The good engineers are usually not cheap and are very busy.

I know he started poor growing up, made some cash in the stock market and that let him buy his first couple cheap houses in our city. 

Thx for the replies, with further investigation, the area I was looking  really isn't generating over 10% ROI...I was looking at Spokane and although prices are really cheap there, rents are very limited ...1 and 2 BR units only fetching 400-550.00 a month.