For example: If I bought a house for $200K, and the quote to construct the very same house in the same location is $300K, then the value of improvements should be considerably high ($200K) and the value of the land be considered negligible (closer to 0).Of course this helps depreciate more improvements in the life of the property, but I would like to hear your thoughts on whether this logic would hold up with IRS in the event of an audit.What do you think?

@Haylee Moore I highly recommend Jake Trimble with Brightway Insurance.

Some trends I have been looking into are modular built homes, uses for small offices in the suburbs, and MTRs in high demand areas.Interested to hear what people have seen!

I found this excellent article this morning- folks in high-appreciating real estate markets, take note!

FTCC is honestly a very solid community college, and I know plenty of people who have attended there an give it high marks.

Gradually you will learn, gain experience, build the network to be in a better position to develop this high potential land. 

U did not comment on the high priced markets compared to low price markets ?? 

Wholesaling in So Cal today is difficult due to the high competition for deals by both rehabbers, buy and holder speculators, and wholesalers.

It had a, what some may call, high entry fee in itself.Private lenders as you probably already know lend on/against assets, opposed to your DTI, etc.

I pushed back sighting the BP rent estimator and rentometer having high confidence of a median range of $1300-$1700.