I'd like to address your concern regarding the developers building tract homes all over town.  

There is a huge amount of material to digest, memorize, and internalize in such a short time period. 

I just want any newbies out there to know that I am a newbie too and your "action" trumps all the info that you can possibly try to digest ahead of time.

I notice the rents don't seem to be affected the same way sales prices are in this regard, so I target certain tracts that seem to be $10-15k lower than an equivalent home nearby.I don't worry about CAP rates or other measures.

It's not that long, but I'm trying to digest it and will be looking up some terms and things for a bit.

Lots to digest here Roy N.

My plan this year is to buy a tract of rural land for my wife and I somewhere out in the boonies but use the tax delinquent properties as a plat form for finding these tracts of land.

As such, you will likely have to self-coach by digesting all the valuable resources you can.Another option is to get an entry level job with a firm that does what you want to do so you can get experience without having to risk your own capital.

Right now I am really trying to digest as much information as possible and BiggerPockets seems to be a wealth of great information.

But the resources here in BP is phenomenal, absorb as much as you can and ask as much as question as it takes to get you started.I am still in the process of digesting all this information, reading the guides, and I still haven't dabble into the podcast yet.