Looking to buy apartments in Las Vegas ,deal looks pretty good :from 'Knight Knox International' 1 & 2 bed apartments from £80,000 to £125,000 with all costs and taxes paid and all management,maintenance fees paid for 3 years. Guaranteed rental of 8% for 3 years Looks good, downside after 3 years if there are no rental increases will revert to actual 6% return & of course no guarantee property value will have increased. I know usa property market is in slump but Vegas seems to be riding the storm as it has such a vibrant community and tourist industry, new casinos will create 15.000 new jobs in next 2/3 years who will all need somewhere to live!
Help, anyone out there had experience with this company before I dive in ?

All comments very welcome,

StewartK