Joseph,I live in Orange county CA.

I hate to state the obvious but SFR's and rentals are 2 different animals with 2 different end buyers.Mixing the 2 when it comes to wholesaling is like mixing apples and oranges...no?

I have noticed lately that single family homes have been falling in certain ares or Orange and Los Angeles Counties in California.

Try and stay out of areas like newark and east orange.

Hey Tony, Your strategy can definitely work and I've seen others do the same, there are tons and tons of apt buildings that need work and are being poorly managed by the current owners.I have built a database of properties in my area - orange, seminole, brevard, osceola county etc.

I am a licensed General Contractor home builder 45 year old married father of 2 boys in Coastal Orange county Ca.

I went to an real estate investment club meeting and heard shawn watkins speak and I am completely sold.Are you in the Orange County or LA area?

I am going post this one and it's going to be long (sorry in advance).When reading the discussion, I think it is devolving into debating the merits of apples, oranges, bananas and grapes all at the same time.

The thought of comparing real estate to a stock portfolio is apples and oranges, in RE that "equity" is preceived to be higher but in reality it's at your cost less depreciation and the only way to get money out of the walls is to refinance it or sell it.

Is Las Vegas a different market than Orange County, Calfornia ?