As you go south from there the neighborhoods go up in value dramatically.

I have now started furthering my experience by waking up at 4am and doing the "life SAVERS"(bp podcast 157)  before work and found a huge boost in motivation and enthusiasm.My Experience:I bought my first house last summer, 3/2 townhouse brand new.

No need to be overly dramatic here. 

From my POV at this point, there's very little evidence that new purchases - given the equally dramatic rise in property values - wI'll be good long term holds for me.

Hopefully that changes as it looks like population has steadied a bit, and if the train to Hoboken ever gets going, that will be a boost.  

This type of hands-on environment is not for everyone..but it is for folks who want to dramatically shorten the curve and avoid lots of trial by fire!.

Rents cannot be increased dramatically in less populated areas so cash flow wouldn't grow as much. 

We are going to MI still needing to boost our credit score and reduce our DTI ratio, etc, but the moment we decided that investing in Real Estate that could be a reality if we were committed, we went from spending $500/mo on Starbucks to devoting every penny to making real estate investing a reality!

If rates go up dramatically then cash will become a better return. 

It reports as a normal credit card and boosted my credit over 50 points.