[HitmanLV]

This is so true in Las Vegas. My old apt complex suddenly went condo and they ushered everybody out within 6 months (I had about 6 weeks to get out, including TG, Christmas, and New Years Weeks. Not good.

I drive by there now and then - many, many units are unsold. Several had 'for rent' signs on them. I didn't see much sign of life. Strange and creepy.

My new community is very nice - a gated community of townhouses. I rent, but keep my eyes open. Many units 'for sale by owner,' and many units 'for rent.' I see these signs on the same units for long, long spells. Lots of folks I think figured they could cash in on the LV RE boom and start in the landlording business. Now they run into problems.

My landlord is a good guy, but he had this unit (a nice 2br 2nd floor) for rent for about 4+ months. He had to lower the rent several times before I came along. It isn't as easy as it looks on tv.

[Mr. Jeeves]

It's a good thing I don't plan to sell any time soon. ;)

[Ciexyz]

Glad to hear you found a decent place to live after being forced out of your last place. It must give you some satisfaction to know that the jerks who treated you so badly are now suffering economically. Think how stressful it must be for them, hehehe.

[Hildy]

We live in Bullhead City, directly across from the Casinos in Laughlin, right on the Colorado River. In 2003, we bought a condo in phase I for a fair price. All of them were sold before the developer broke ground. Now Phase II is being built, the price has doubled and only half the units have been sold and the phase is nearly complete. It's still not too bad all things considered. Like anything, it's location. We bought on the river because there will always be people who want to live on the water. Most of the units are used as second homes. At least, that's what we think!

[freedomdefender]

Lease with option to buy. Look for opportunities like that.