New home buyers in these townships tend to be second home or summer home buyers from the greater NYC metro (2.5 hours away).And while job creation and economic growth in Sullivan and Delaware Counties in New York state are slow, the 3 - 5 year economic outlook is much more promising.  

So Michael I know this was a long post, haha, but the point is I believe that if you have an economic engine generating a good amount of cash, it will help you obtain the passive cash-flow that you desire much faster.  

I think in the more economically challenged blue collar areas, many families literally do not have enough money to afford proper cleaning supplies.

Yes, we deal with lower income folks, fixed income, some elderly, even a few employed folk ;)  What we know is there is a market at every socio-economic level.  

I have a degree in Economics from Loyola Marymount University and I believe in building (testing) investing systems based on economic data.

So it wasn't risky at all.As far as what happened in 2008, I got out of the market in 2005 and had to let go of my 9 properties under contract (for which I received all of my earnest deposits back),  At the time I was doing this I projected that the market would top out in 2006 (I have a degree in Economics and over 15 years experience of data analysis).  

And even if not on 'automatic', there are very few crisis situations that can't wait.

It would be fun to all meet up and talk about investing in FL remotely and where you see the future of the house market and economic recovery headed down there.  

I am simply looking for guidance on where to start directing my efforts and training my brain given the economic landscape.

You can also get the students parent's to co-sign the lease, which means your economic vacancy should be about 0%.The bad parts are two fold, 1) college students can be some of the most annoying, self-entitled brats on the face of the planet (I used to be one, so I can really attest to this).