I don’t think welfare will be around, so lets hope Vegas works out.
Agreed, there a ton of investors buying in Vegas right now, stuff really flies off the market quickly, a lot of cash buyers too.
The good thing about Las Vegas is even a pretty nice house, in a pretty nice area is not only cheap (compared to SD prices), but also cash flows pretty well too, so you can hedge a bit against filthy renters by not going to the cheapest area’s. “Hedge a bit” I guess is the key here, since you can find filthy renters at all income and rental brackets.