I call them fireflies, though I'm not sure when I started doing that as I distinctly remember calling them lightning bugs in my youth.I call them vacation properties or short-term rentals.

It may be helpful to think about Asbury Park as a square with 4 distinct sections.

Also, I encountered the distinction between SFRs and apartments/condos and I am glad you mentioned that they impact the markets differently. 

@Mike Oliveira In Ontario, you have to break it down into two distinct groups to look at the economics:1) GTAAs per the Ontario Population Projections Update, 2015-2041:"The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province, with its population increasing by over 2.8 million, or 42.9 per cent, to reach almost 9.5 million by 2041.

But again, each is distinctly separate. 

As in most areas, there are two distinct markets the flippers and the buy and holds. 

Property taxes are distinct from income taxes, though, and can constitute a lien, even if no lien has been filed, yet. 

I would make the distinction between a high crime area and an area that has been abandoned with row after row of abandoned properties slated for demolition however both would have challenges to an investor.

Because Texas with its distinctive culture and its size, is a very influential state in the country n it tilts to the right n liberals don’t like competition, so they would love to have Texas go the way of NY and CA, they would love other states too but Texas is the big prize.

Walking in when it was warm and wheww the scent was strong.We finally had to just assign it to a couple getting financed and it was a skinny deal, but my friend who owned the place was so glad we could get it done.I'm not a real estate agent but in the beginning of 2007 I got licensed...