They have more discretionary funds and more baby boomers hitting that stage. 

if not - this could pose some difficulties.a great investment strategy - may be to buy a foreclosure (at a significant discount), live in the house, fix it up and sell it...do this every 2 years and you could stand to make very nice returns...you could also buy a foreclosure, live in it, refi as owner-occupant, then use refi money to invest in other properties (rentals), but this will get complicated as well - financing, time, resources, marketing, etc...start out small, baby steps.

But baby, you ain't seen nothing yet.

She sold it and I've been looking for my first investment property ever since.My wife and I bought our first home 2 years ago and with the new baby on the way I've been looking for additional sources of income.

Purchasing a duplex is great idea as long as it won't cramp your style with the babies...I am in Central Arkansas and always looking for partnership opportunities.  

People are not careful and run too much grease down the drain and sewer clogs up, or baby drops a plastic lid in toilet that plugs sewer, $1200 later the plumber fishes it out after sewage backed up and ruined $1000 of carpet.

(First baby, first contract, first purchase, first rental, etc.)

I agree with this strategy because:- You could potentially live in a unit for free as your other tenants will pay your mortgage- You are right there to eyeball everything that goes on with the property- Rents are more than enough to pay your mortgage monthly- Take your profits and roll them into another rental propertyTry that baby step.

People in the United States feel wealthier than ever before, and cash-out refinancing and interest-only adjustable home loans make sense, since the baby boom generation is in its peak earning years and will be for many more years.

Try a sub -$100k home and take a couple baby steps.