I’ve been able to extended the closing date to be 45 days and I can start advertising the empty units during this period.

Those have been my two sources for beginning my education (book-wise), I also listen to a plethora of real estate podcast ranging from BP to Wholesaling Inc to the occasional Dave Ramsey podcast.

Our Crystal Ball energized by Economics and armed with the IRR calculations told us to buy here in NYC despite all of the bad advice given to us that it's too expensive.We've heard that same comment for the last 21 years and we will hear it again for the next 21 years.I don't pay attention to Gurus, Posters or anyone else.I only pay attention to the Economics and the IRR.You can only imagine how much we made owning NYC properties over a 21 year holding period, accumulating 8 multi-family buildings.It has been phenomenal!

You could also fill any time you might have to continue your education even if it's just reading a book. 

I also attempted a flip which was very educational, but not very profitable.  

So many dedicated and active members here contributing, educating, helping, and MAKING DEALS HAPPEN!!

The only section of the market which does see regular cool-off periods is the luxury market (which are properties above $2.5m+).

It sounds like you are already getting a lot of quality education and asking the right questions.

We submitted a short sale package to his lender and they approved him for a FHA Waterfall modification with a 3 month trial period. 

I read an article here on BP saying that "delayed financing" is a key to making BRRRR deals work because they somehow allow you to bypass the typical 6-month seasoning period you must wait before doing the refi.