I think you would be better off buying in some of the older areas built around 2000. The taxes and special assessments are lower along with the home prices. You should be able to get more profit for the same dollars.

The newer areas of Lake Elsinore are really gaining popularity. There is still room to grow and there is actually master planned communities with very good prices that will really appreciate when the market bounces back.

There are some better area than others. The north end has newer properties that my work for you. Contact an agent in that area to show you what is available. You can use my web site to search if you like.