In some neighborhoods you can really see the impact of the financial crisis, where a home in 2007 that was once worth 115k is now assessed for 80k.

This was a stroke of luck, to be sure, due to the sudden popularity of the neighborhood I bought in and the drop in prices in the surrounding areas because of the foreclosure crisis; it's not a scenario I would have planned for.

Prices barely dropped during the crisis and are already well above that for most locations.

The amount of these coming is thought to be 1.5 to 2 times what the banking crisis was and going short on brokerages may be the best play of all (such as Goldman Sachs, etc.)

Bernanke urged using more taxpayer funds for new efforts to prevent home foreclosures, saying the private sector is incapable of coping with the crisis on its own.

Self storage during the last financial crisis held up better than MF and just shy of MPHs which the latter actually was the only niche that experienced an increase in NOI. 

How about more debt now than before 08 crisis, nada?

We have occasionally done double deposits on tenants who had job losses/bankruptcy but had gotten back on the right track with payments and new very high paying jobs (in the aftermath of the financial crisis).One of the issues the OP has is that if you get the number too high for damage, they might find themselves in front of a not so friendly judge.

I remember feeling the same way in 2006 (not saying this market is that crazy yet) wanting to buy another property to rent, but I could never make the numbers work back then, so I kept looking and studying but did not try to force anything ... then the crisis hit, and I had a pile of capital I had been saving to invest, I had been studying the local market, and educating myself on REI analysis and strategy.

Areas with high concentrations of working class people were hit even harder, because manufacturing and the service economy bore the brunt of the recession.AFTER that, when the foreclosure crisis really got going, people started moving into rental homes.