My suggestion is to connect with people in the area thru REIA meetings, become active on BP, and find people in your area doing what you're interested in (thru bp search tool) and take them out to lunch.If you want a mentor, ask yourself what you can offer to them.

It's since been removed, and was only active for a day, but it was listed, and the price was the the agreed on purchase option price Plus 10k (the cost of the option).  

This is a very friendly & active community. 

When it happens in areas like Dallas or Portland (areas that you can argue were under-valued before 2008) it makes a bit more sense, but New York has never been known for being cheap.I do think low interest rates are contributing to a great deal of investor activity.

Deb, it really depends on your market activity.

I currently do not own any investment properties, but am actively looking. 

Am I supposed to have a license fro any of these activities?

If you aren't going to be active and involved (or at least pay someone to do it for you) don't bother, you are wasting your money. 

Only two options would work for me: A) 100% cash at the time of closing-within few weeks up to 60 days max - provided some active conversations going on.B) I will continue to be the landlord - getting market rent - will pay for services whichever applicable for managing property, collecting rent, etc.

My husband is active duty navy.