On the other hand, a person with a 1MM luxury / super car (depreciating asset, unless it's a classic an/or a celebrity UBER driver) as his/her only asset (owns free and clear) by definition they would be a millionaire while the leveraged property owner would not be...

These are classic boom-bust markets.  

This is a classic example of an advance fee loan scam.  

You made a classic mistake you over improved for the neighborhood..So I agree with the OP  people that are looking for owner finance deals are the one's that will over look some of these issues to get into a nice new home.Although sounds like you have a boat load of capital tied up in the home.Either that or your just going to have to do the falling knife syndrome and ride it down until someone see's value and will pay you in full for it.Other thing you could do is move into it...

It might just be the classic sell high/buy low opportunity you're looking for.  

Classic examples of fiduciaries are trustees, executors, andguardians.

@Terrell Sapp While it is often used for scams, this seems like a classic legit case for adverse possession.

That doesn't even meet the classical 1% rule of thumb, which I think it too optimistic. 

This will have an impact on pricing pressure, since demand is higher than supply, classic pricing mechanism at work.

Having heard about the real estate business from my mother definitely sparked interest in real estate, however I did not seriously consider the investment side of the business until reading Robert Kiyosaki's classic Rich Dad Poor Dad.