I'll you what I learned in NJ and you tell me info from NY, it'll be cool to see how the too markets are.

There are so many cool and exciting things going on.For starters, you have the free informative forums to read and learn about real estate, as well as all of the podcast episodes like @Tom Kuhen said.

As we are anticipating an eventual  "cooling off" period, my wife and I are well capitialized enough to take advantage of better deals.

Very cool.

Hi Sam,I'm in the same boat as you....that is, learning, reading, listening all that I can (for free, which is cool), but still haven't made my first purchase other than the house I currently own and live in (i.e. not an actual investment property).I live in Jacksonville and have been scouring the market this summer, drove by some properties today in fact (they weren't what I was looking for, though).I'll say that it's drying up a bit, but I don't mean to dissuade you at all, in fact I think there are still tons of great deals out there (here), but the time is now.

Hey Peter -Nice to meet you and that sounds like a cool plan!

Let say I’m young and dumb and think it would be cool to target college students for my owner occupied duplex.

Oh cool, I went to school with their (late) daughter, Katie and they were at one point my friend's landlord.

I guess I am in a minority but I like it as is...it's cool and different 

Very cool @Craig Tomlinson,Two questions: One, what is the process for filing a letter of vacancy in your jurisdiction?