To summarize, I'd digest all the information, study the data and then access probabilities to each possible scenario, viewing it from the lens of your own beliefs.

Yeah got most of that from Matt, but I didn't notice the infographics when I saw his link so that is a nice little find to quickly digest the main points.Oh and of course there will be differences abound.  

That being said, I will not buy out of state high cash flow properites with a tract record of low appreciation.

This is my understanding of the landscape as I've digested things.)

If you read the paragraph from the FOMC statement highlighted in red and add to that all of the new programs and bailouts paid for by "We the People", it leads me to the following questions. •Shouldn't the consumer, after decades of over-consumption, be allowed to digest the over-indebtedness and save, rather than be encouraged to take risk?

Here are a few ways it may be utilized: 1) Correct title ownership vesting when really messy2) Perfect ownership pending a Partition Action3) Remove incorrectly recorded voluntary liens (example: neighbor's lender cites your address and legal description on their loans' trust deed or mortgage)4) Eliminate claims or threats to title resulting from imperfect transfers like Sheriff or Tax Sale (at least here in CA)5) Also, here in CA we have a method of Quieting Title used within the probate courts to eliminate dual tracts and multiple cases.

Can anyone give me a range of what the Development Cost would be to take a small 4-5 Ac Tract of land and Develop it for 4 -plexs?

I'm going to try to digest what Financexaminer suggested, which means I'm going to have to read it 6 or 7 more times, LOL.

why buy one at all.I have had many clients over the years that did not own cars but owned some pretty sweet real estateOne was a 160 acre timber tract I paid 2 million cash for.. 

@Kurt Granroth This has been a really neat long term post to read through and digest.