I attended a Sheriff Sale in Montgomery County, PA the other day just to observe.

If you know your strengths, weaknesses, preferences and risk profiles, etc, you can observe the market, learn and find a niche - or several - that you can master. 

Yeah, there are tons of folks that will tell you it is passive and all that (they are likely trying to sell you something), but at least in the beginning, it normally is not, not in my experience or observation anyway.

Anyhow, here are some thoughts on what I learned and observed in my time there.

I would not be surprised if it continues to climb for a couple more years then settled down to 2013/2014 levels.The rental market has always been very stable here, even through the housing crisis so I feel that if I buy an investment property now, even if the price is inflated, the rental income will be a good hedge against the coming correction.Now I'm certainly no RE pro, far from it, so these are just my observations based on living here for 30+ years, so take it with a grain of salt.

I will observe and absorb everything he does and then learn.

Just an observation and my opinion as an outsider, since I have no Texas property nor any ambitions to own in TX (or any other state besides NC, SC) regardless of their economy.

. :) So just take it as an observation from a noobie.

Maybe you should sit back and observe a little more first.  

Hi Kyle,I had made a post the other day about my observations for success in this industry and while I agree with many of your suggestions there is one I definitely don't and that is on the professional photographers.