Are prices there back to the "pre-crash" days?

Prior to the crash the segment of distressed debt we have now in regards to loan inventory in the secondary as well as service providers - such as Mortgage Servicers all emerged.  

It's hard enough to hit a target you don't have, but also hard to hit a target you don't see clearly.Equity has value, but that value is volatile, as we have seen thru the recent crash.

He is walking away because he bought theses properties during the crash for 15-30k each, refinanced, and took the money to help finance a deal in another state.  

What is his credit score and job history..... it only takes one person to crash a plane.Also remember that these are not your only choices.

I originally put up the house for sale about 7 years ago when the market crashed and it didn't sell.

Being a victim of the 2006 crash I would sell it.

I was buying properties in California and Canada right before the crash.  

The BP app crashes every time I post.

I don't profess to know everything, but I do have a bit of experience in investing in a number of asset classes, including real estate (including some hard won, unpleasant experiences at the end of the last down cycle).