@Mark Nolan, Michael S.thanks for the warm welcome guys and all the info.

This will give you an advantage over the large wholesaling companies like the one I work for ;) When you find a deal use the 1 to4 residential TREC contract, mark out the term that states you must be a realtor if you dont have a license,  and get an option.  

I'll look them up and try to get to the next meet.Thanks @Mark Nolan.  

Also in regards to the "Anti-Flipping" policy - the City of Buffalo warns against people who buy properties at auction and mark up the properties for resale without any work being done.

Thanks so much, @Mark Nolan.

Listen to all the podcasts - specially mine :-)http://biggerpockets.com/show65I agree with @Mark Ainley: buy now because prices in those areas are increasing.To succeed in investing, you need to learn about real estate funding.

And I have Your site book marked. ......Actually Your site was the first of many times on bigger pockets I remarked to a mate of mine"I feel like a kid, in a candy store.

I never even read the math questions just skipped them to last and marked C...

Mark Liu at Corelogic recently wrote that the following 7 markets are overheated as of this year second quarter.  

@Mark Cohen Be specific.