Is it a good idea to move from Chicago to Las Vegas to start a new business in mortgage?

Now I am working in a Mortgage Company in Chicago with stable salary and I own a condo and a car. Our company is expanding to Las Vegas, I'd like to know if I shall move to Las Vegas to start a new branch office over there? I will be the office manager, but my income will be commission based with totally new market. I have no idea Las Vegas's real estate industry and mortgage market, and what will be my new career future in Las Vegas? I m a single girl. Just seperated with BF. Shall I sell my condo in Chicago before I move to Las Vegas or keep it, in case later, i can come back Chicago if the market is not good in LV. How can I keep my condo here in Chicago, rent it out, who take care of the rent and maintainence? It is a big challenge choice for me. thanks and look forward to getting your instant response.

Either way you go. Move or stay. Make sure that you are putting money away for a rainy day. The mortgage industry goes through some slow downs just like the real estate market. Where ever you end up make sure you build a network of people that can provide you lenders. Stay in touch with realtors and builders.

From what I hear, there are a lot of new developments going in around the Los Vegas area. Sounds like a great opportunity.

Do your homework before you go to class (do the research of LV before you move there) and rent your condo. Pocket some of that money.