Get a 555 chip kit and learn to work with 555 chips. You can buy the complete kit for just a couple dollars and you will learn to use one of the most powerful circuit devices in model railroading limited only by your imagination. The 555 chip is the basis for all circuits that oscillate including lighting and even the point-to-point operation modules, or even “lock on” for a set duration before releasing like the Tortoise Bump Accident Avoidance Sentinal (Bump A.S.S.).
The output can drive as much as 250 mA so a certain amount of LEDs, relays, etc. can fire right from the chip without needing a transistor. LEDs are a piece of cake.