(I am not a tax accountant, this is only an observation.

So, here I'm interested in knowing % differences in renter occupied vs. own occupied, avg. wage of a renter vs. homeowner, educational differences, and whatever other variables I can observe. 

Thank you @Todd Burton and @Alain Perez-MajulJust want to post some observations, not looking to disagree with anybody, but just looking at data here.

I just sat in on an auction today at the courthouse to observe the process.

Getting involved is much more enlightening and fulfilling than just observing, so welcome aboard!

This is a great way to go since it makes helps the cash flow and gives you an equity cushion which opens up options for alternate exit strategies (like sell at profit) and insulates you from downturns.Finally, my observation from doing this over the last 12 years is that we are in a highly cyclical market and sometimes buy-and-hold is not the best, or even a feasible strategy.

As lenders, we see this as observers and it's a shame.

As I said, I'm new to the game as well, but these are my observations on the louisville market.

interesting observations on inflated prices and competition.i agree with @Jay Hinrichs and @Michael Hayworth that one needs to be careful about releasing certain information to direct competition

What you CAN Google is biased advice from people with something to sell, or advice from people who make a living selling advice - not by investing in real property.My points were made as general observations, not specific to you.