Case in point, just today BAM announced the sale of an asset. 17.4% IRR and a 2.63 Equity Multiple to investors.

If she violated the lease agreement, you should have a great case in your favor.

Also, while you might have to put down 40%+ in some countries, it isn't typical and, again, it's not the case in some of the countries you mention. 

Airbnb closed the case in our favor.

My Merrill Lynch advisor said her model predicts the market should be good for another two years, but nobody has the crystal ball. keep in mind houses that are in areas that are all rentals do not appreciate like owner occ  properties.. reason investors are buying cash flow value will only go as high as rent.. just like MF.. they only sell for given cash flow.. now if its an area were you have a few rentals and the rest are owner occ that's different but that generally is not the case in America at the 100k or so price points. 

This was not the case in year 1 for many. 

Case in point...

Quote from @Jay Hinrichs: Bruce there is also that famous case in San Fran  in the Seacliff area of 5 to 30 mil homes and someone bought their right of way on a small private street and were trying to block them off and then of course sell it back to these folks.

The home is worth a lot more then the note is selling for.Marie Johnson this is almost exclusively the case. In

Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.