I'm looking to buy an investment property in Las Vegas but I'm not finding very many "good deals" on mls.

Hey Paul, I live out in Vegas.

But none of this changes the fact that people borrowed money and couldn’t or didn’t want to pay it back when they went underwater.Climb back out of the rabbit hole and move on....IN Vegas there were big billboards form attorneys.. 

I was at a guru event a few years back ( invited guest non paying)  and the celebrity investor guru was the husband and wife team of Flip Vegas.. so they get on stage to do Q and A  and of course everyone wants to know how they did it etc.. when in fact they get paid millions to just be the face and show up..

Good luck Even though you see no income verification advertised.. just try to get one.. as opposed to the massive amount NO doc no verf loans that were being written pre 08.markets were rentals were lost in droves were mainly in PHX  Vegas FLA  GA  and central CA... were the economy was very much based on new construction.. in the rust belt new construction does not drive the markets.. as existing homes are selling for less than replacement cost.. until that inverts I don't think in those cities..

That's a nice coastal area with CBC and Keesler nearby; the casinos don't hurt either.

Markets can change dramatically in just a few months and I don't like playing Vegas with my flips. 

@Dan Brewer  I generally agree with you except a few markets that the rental market absolutely tanked with the property values.. and that was PHX area and Vegas...

Only pitches I've sat through are ones where I genuinely am interested in the product, or where they give me something (like a free stay in Vegas), and even then, by the end of the pitch I tell myself "never again." 

@Jon Lee my buddy called me the other day and said the hot ticket is a house in Vegas for rentals because of the new football team coming in.