But that's still short sighted.I totally agree on the way you described the higher quality assets as the one that people could not afford to buy, but you will have the inventory to rent.

In fact what you're describing is a direct exchange. 

Maybe im wrong here and tech will advance far past our imagination, but I don't know if a computer can describe certain emotions feels, perceptions etc.

Now the fed is expected to begin cutting rates and we may begin to see greater separation between bank and alt. lender rates but if the fed cuts rates slowly as predicted  there is likely still a window where alt lenders will be competitive, especially in the scenario I described. 

You're describing $150K down, the balance amortized at a 30 year rate with a 4 year balloon. 

“There’s a lot of us who are really angry about this case,” says Richard Chen, an investor and former senior engineer for Facebook.Khafagi describes himself as one of the victims, saying he lost $1.3 million, some of which belonged to his mother.

I requested my funds back and they just sent pictures of their no refund policy.I tried watching their tutorials to learn the program but none of the buttons existed that were described in the tutorials.

Like the other posters have mentioned the credit score / credit report is likely an issue - with what you describe there certainly seems to be some stuff missing for it to be that low - but on the flip side, it could be a situation where professional credit repair could make a relatively quick big improvement.

. $200/month net cash flow today is an 8% CoC return in the scenario you described.

Figure out what your values are, and create your goals and decisions based on values.My mentor described it to me as values based decision making.