Also, wholesaling works in communities with distinct pockets of good, medium and bad assets.

@Bonnie Low Rural vs middle of nowhere is a good distinction.

However, do be cognizant that there is a distinct U.S.A. bias to much of the materials and things are done a little differently here at home - particularly in the areas of finance, regulation and taxation.

You can probably then as to see units with each distinct floor plan. 

A important distinction is that I am not saying that rates will increase, but rather they are more likely to increase than decrease.

OC has many different pockets and where the market may be distinctly different, especially if located near large employers.And always pay attention to the "mix".

I'm only 23 and I'm trying to figure out a strategy for investing in real estate for the long haul.Is there a distinct advantage of buying properties for all cash, if you're in real estate for the long run?

Call your assessor's office if you want to unpack the calculation.The assessor uses an automated valuation tool (done by a computer with no distinction for condition or level of finishes in a house), so it has all the flaws of zillow.com values, with the additional problem of even being as much as several years old and utilizing even cruder software and mass appraisal techniques.

I think anybody who can't make the distinction and bids on a second will learn from their mistakes, or shouldn't even think of bidding in the first place.But you might consider some further reading:http://www.biggerpockets.com/forums/41/topics/68977-foreclosure-auction-sheriff-sale-and-trustee-sale-faq

It feels wonkey but the IRS has made a pretty clear distinction between refinances after and before a 1031.