I had bought a large house on Wooddell just south of McDowell from HUD 12 years ago and then watched with dismay as my property plummeted  during the recession. 

I was paying between 0% and 9% and the rates on the "high" cards were plummeting down to 5, 1.5% because of my credit.....I had roughly 125k available in credit to use......

At some point the area gets so bad the rents plummet and whatever cash flow you are getting gets eaten up by maintenance and management costs. 

With a massive supply of rentals available, rental prices would plummet.

If you walk away when prices plummet, you are living up to 'option 2: give up the asset'.

Along with his plummet in approval ratings, he has increased the National Debt by MORE than $1T, he has apologized for the United States being the World's protector, bread basket and bastion of freedom, he bows to other Country Leaders, and is generally a laughing stock around the world.

With the dollar plummeting to an all time low and predictions that it will continue to drop it seems like a good time for me to buy as I am currently in Europe and converting my Euros to dollars.

I have graduated to more complex investing, and we are still at times scrambling to get things right by making incorrect assumptions, construction goes over, market changes, rents plummet, we forgot to carry a 0, building code changed, etc... 

Furthemore, since the COVID-19 and oil prices plummeting the USD has gained >20% on the COP since February.

While yes the best time could have been a year ago the second best time is now vs never. 2003-2006 housing market was a very different market then what we have today home values plummeted from a over supply and bad loans back then.