People weren't renting properties as quickly, and there was an increase in vacancy.

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

There are thousands of people on here who will give their opinions about different parts of the process, don't be afraid to ask for help! 

For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.

You Get Team ExperienceIf you’re taking part in a deal, that means other people are, too—whether it’s partners, syndicators, or investors.🏗️ Being part of a real estate team is one of the most valuable skills you can develop.

@Grant ShipmanIn my experience with these units are very difficult to manage and people at the 30% level also create a new set of problems.

Many people miss out on things like this because they simply are not aware of these options.

A well connected agent can also tap into their network.. for instance, probate attorneys might know of people seeking short-term solutions.

When I go to events like this, I do go to some of the sessions, but most of my time is just sitting in the lobby chatting with people. 

I am not a bankruptcy expert, but isn't that procedure used to release people from existing debt but not monthly expenses.