There's not going to be 100% compliance by the associations for reporting and there will continue to be distressed situations that come up where people need out.

Buy distressed properties at below market rates that will pencil out, Rehab to "hopefully" create forced appreciation, Rent/Manage the properties that are at least break even, Repeat the process? 

distressed deals will now sell quickly on the MLS if they are priced correctly. 

with my agent, knowing the numbers, and finding the correct kind of distressed situation.

I’m seeing a significant uptick in this trend, and it's got me thinking—is this a sign of underlying distress in the market?

Currently 25% of my investments (dollar value) are in distress, some borrowers have gone bankrupt, others simply stopped paying interest and are not paying the principal back despite the loan being due 3 months ago. 

BRRRR deals are great because you'll see the most value in those deals by buying distressed properties and renovating them and refinancing.

I have a background in distressed properties.

And they will have to pay all cash for acquisition, HML won't finance those deals that seem fantastic to you as a seller on MLS, because HML has seen hundreds of flips and won't risk to overpay for distressed property in hard to sell area.

There is distress, and the seller, sometimes myself, was motivated, and creative financing worked.The seller is going to do what's in their best interest.