As you pay down loans and increase rents suddenly you’re making more and more money and those suspended loses go away.

Also, rents wouldn't suddenly drop 50% so it would make even more sense to stay and play locally.

I'd ask to see a breakout of costs and try and see where the costs have "suddenly" spiked. 

And then suddenly you are there–back against the wall, surveying the landscape–looking for anyone eager to give you a shot.

All of a sudden this is no longer necessary with the way so many are being taught. 

Overall, the surge in new apartment construction, introducing 440,000 units nationwide, underscored the direct inverse correlation between supply and rent growth in 2023.It is important to note that some markets such as Miami and Detroit have shown resilience posting continued rental rate growth figures indicating a fundamental strength in those markets as well as a secular shift in American demographics.Meanwhile, New York City stays consistent with an unprecedented housing crunch, reaching a 50-year low in rental availability.

It may have been from a “power surge.”

The increase in interest rates follows a similar pattern as the one seen between 2004-07, however I believe that there is one major difference that makes today's market less likely to see a similar surge in delinquencies: a lower % of variable rate mortgages (Figure 2).

Likely the roof and the HVAC/furnace will be the biggest expenses that might occur but a hot water heater here, a clogged toilet there and suddenly the bills start adding up.

REAL ESTATE INVESTING - People read a few books or attend a seminar and are suddenly dubbed "Real Estate Investor".