The past two weeks average mortgage rates on 30 year mortgages has increased roughly .5% and is approaching the high 6%'s and near 7%. 

All of them are ranch homes, built in the 60's and 1100-1600 sft main level.

Sadly, I think pretty much all homeowners' policies have shot up over the last 12-24 months in the coastal markets.

San Diego and southern CA coastal areas are in a class by themselves.

Did you sand them at all?

Renovated everything: floors sanded and refinished, completely new kitchen and floor, paint inside and out, simple landscaping, and perimeter drain in the basement.

Finally an epoxy compound is applied and when dry, can be sanded & finished. 

I just joined BP a few days ago and I see the separation lol.I heard a successful investor say that coastal residential areas rise up quickly when the overall economy goes up, and falls quickly when the market goes down...while the midwest's residential market doesn't go up or down much depending on the economy.Therefore the midwest is better for cashflow since prices don't fluctuate too much, while investing in the coastal areas is best when the market is down, because it gains both great cashflow and better appreciation when the market goes up.What's your take on that?

Yes, I would imagine that certain coastal cities like NYC, LA, Boston, Miami, Portland, Seattle, SF, DC etc would be expensive and competitive, in comparison to other markets in the south and midwest.

did you sand or strip?