It all depends on your situation and appetite for risk. Young, single and no kids, I'd do it and save as much as possible. $120k would go a long way in Nevada,

It all depends on your situation and appetite for risk. Young, single and no kids, I'd do it and save as much as possible. $120k would go a long way in Nevada, maybe you could save/invest half of your salary. Maybe rent at first and see how it goes before buying (I assume you are renting now in New York). If it doesn't work out with the company short term you can always go back to New York with your savings.