Land becomes more scarce and the local county or city usually votes to improve density per acre which encourages redevelopment along with reductions of impact fees charged.Basically you need to look at the dirt these properties are sitting on.

But, if I were to sell that home within the 2 years, the taxes I would have to pay would have too much of a negative impact on profit?

I am aiming to avoid funds, I have a high enough exposure through my Superannuation Fund, which rode through the GFC better than most, but I have little control and I want to be an educated investor.Ricky, I think your impact is around the wrong way. 

Then there are some crappy streets right next to good ones, horrible neighbors, new changes taking place, and other things that can affect the value of the house that Zillow might not know about.Just as an example, we renovated a house and a commercial building was going up behind ours and this had a bigger impact than we would have thought on the sales price when we went to sell.

They should have more time to devote to an individual client, and finding you a deal will probably have a MUCH bigger impact on their bottom line.  

Biggest RE impact is large out-migration of hispanic families who occupy inexpensive housing stock.  

Speak with a knowledgable CPA prior to engaging in any activity to fully understand the tax impact of your strategy. 

I prefer to do it over them phone or in person-you can learn so much from tone of voice and body language.

Cost of water and development impact fees force the new construction to have a higher price point.We are still only building about 18,000 (10K SFR and 8K apts) units per year.

Have they ever been sanctioned or issued a cease & desist by any regulatory body or the SEC?