That being said, there are also a million ways to waste money in Las Vegas, from gambling to strip clubs, to dining and drinking out frequently & shopping for non-essential items.

I don't know that I would gamble and say you could sell it if it doesn't work out, you could be holding it for some time.

If it was a middle of no-where or rural area and the the city is expanding, its practically a gamble on when the price would be right since there market will be providing newer and normally better houses.

I live in S Fla so unless you gamble, just want management fees or are happy to park money... buying MF is not really happening ... right now it’s about waiting for nervous developers to capitulate in bulk or making deals with the loan to own lenders last in the door 

If one has to take care of other family members, then that adds another level of stress and complexity.If someone is on their own and wants to gamble, sure, some will take a shot.

Thank you.It does vary quite a bit from street to street, but no matter how you slice it, it's a gamble in that area.

I can't imagine this would be a giant can of spam in any way.Jonathan, thanks for confirming that McGraw is legit.

If you could BRRRR and time the interest rates well Otherwise, Buying a property that is negative cash flow without any forced appreciation or a clear short term upside(flip) might be described more as gambling then investing.  

but in my view it makes a relatively "safe" investment in cash flowing real estate into a gamble on appreciation.    

I can still tell who is spam and who is real.