And you can change sectors and geographies to accommodate your investing strategy.

I may be a little off base here but you have a small second of 10 to 20k that is in default. the property is in the mid west and underwater. you simply walk from it.. not worth the cost of foreclosing.. so you sell the NPn 2nd for 5 or 10 cents on the dollar and let the private sector work it them out.

I know Pekin has been giving pretty competitive rates recently and Westfield also has been competitive in the self storage sector

Consider the type of investor you strive to be and the type of properties that interest you, then seek out those who are active in those sectors.

Huntsville is actually on the downward trend with monthly rents, however the city seems to be attracting a good number of millennials especially in the tech sector.  

“Weak Housing Market Could Trigger Retail-Spending Pullback” If there is any sector that is susceptible to getting hurt by the actions of the Fed and the rise in materials costs it is the housing market.

Many sectors are trading at or near all time highs/low cap rates.

I didn't search out hard money lenders for these upcoming transactions) I'm interested in buy and holds in the multifamily sector, but will not limit myself to that especially if there are great opportunities in other avenues.

@Jesse LewisI understand from your comment that you want to become a Broker to make your way to investment or maybe development sector of the real estate.

Necessary to prevent another world wide catastrophe?