Hi Dave,
Nice realistic goals you're setting. If you're still looking for tips / ideas, I recently wrote an article on how to analyze property.
http://www.stewarthsu.com/2007/04/21...ily-homes-sfh/
If you enjoy that article, i.e. it makese sense to you and it's not too much, then send me an e-mail and I'd be happy to send you an Excel spreadsheet you can use to analyze real estate investments.
Best of luck,
Stewart