Big distinction between assignments and wholesales.

Maybe this is not possible, and that's what posters are trying to tell me, not sure, but want to try to make the distinction.

Although my target market - Greenville, SC, and surrounding suburbs - is a really small city, there are many distinct neighborhoods in the city and towns in the area and I'm really not sure how I should choose among them...Any thoughts you might have on this would be most appreciated!

The principal distinction, at least here, is the holding company only holds assets and does not engage in an active business.

These are two distinctly different businesses.

I don't know that there is a distinction, but I guess I am not actually inheriting the properties. 

I think you will gain more in the end by having two distinct bids that are not lined up word for word thus rewarding your investment with two sets of eyes.

Using a class would clutter your financials rather quickly.For holding a property for more than 2 fiscal (usually calendar) years, setting up a general class for properties by category (SFH, MFH, etc.) or geography and then having each distinct property as a subclass is a good idea, so you can print out a Profit & Loss as well as a Balance Sheet for each class or geography to make analysis easy.If you get to the point that you have so many properties that this structure doesn't meet your needs, you might consider moving on from Quickbooks or grouping properties instead of presenting each individually.I'm an accountant, but I'm not YOUR accountant.

It's an important distinction if Tenant 3 is subleasing TO Tenant 2 or subleasing FROM Tenant 2.

Keep in mind that there is a distinct difference between a broker and an agent and it is a different license with different rules and responsibilities.