Part of me wants to just sit on the cash until the market cools a bit (not waiting for the next 08, just drop back to a more normal market).

There is a lot of time sitting through agent course 75 hours and the stuff you sit through is not at all applicable in real life.

You definitely should read book on the subject but the best Advice I can give you is to make a appointment with your Accountant and Sit down with him.

Not just Hey beginner i am Mr. high producer go sit an open house at one of my listings ..

I also like the Chicago North sit suburbs, higher dollar values, but typically bigger returns on the flips. 

I am in the process of buying a new home. In order to raise the down payment I am selling the home that I co-own with my brother. He is currently incarcerated, and there is a trust (which actually owns his half). The ...

Plus with that zero balance sweep account, all regular deposits and idle funds can sit on your outstanding balance and save you a ton of interest cost as well. 

There has to be a limit though.Ask if you can sit in on a class for free....that can give you an idea of what it is like, if it is appropriate for your experience, get to know some of the other agents, the culture, etc.

I think there are some books on MH lending, don't recall the names of them.

I see local homes sitting on the market for months now as well.