Op may be thinking of the 'flipper' type of home buyer, where these would be investment only transactions, kept marginally in the black between sales by prior profits Airbnb etc.
As I mentioned, I personally know three people who typify what is happening. One is a commercial airline pilot. Another is military. The third is an electrician.
The electrician might be the one who would be most typically a "flipper" except that he has no time for that kind of nonsense because he's also a foster parent for Clark County.
Also, Airbnb is illegal in southern Nevada,† with the exception of the Las Vegas city limits, which is a very small area, and not part of the "resort corridor" that everyone knows about.
As I mentioned, I personally know three people who typify what is happening. One is a commercial airline pilot. Another is military. The third is an electrician.
The electrician might be the one who would be most typically a "flipper" except that he has no time for that kind of nonsense because he's also a foster parent for Clark County.
Also, Airbnb is illegal in southern Nevada,† with the exception of the Las Vegas city limits, which is a very small area, and not part of the "resort corridor" that everyone knows about.
† http://www.clarkcountynv.gov/administrative-services/Pages/S...