Although I or you may not agree with him about some or maybe everything he writes he does raise some interesting points.http://www.jamesaltucher.com/2011/03/why-i-am-never-going-to-own-a-home-again/But what's the impact on people looking to own houses for investment purposes?

These are significant investments that in all likelihood will have a meaningful impact on the buyers income, wealth and future. 

A single credit check for pre approval on a potential mortgage should have very little impact on your credit score, maybe a few points.

Account Closed More curious on how they will impact markets rather than being negative.  

(I won;t go into the limited exceptions here)  The CA legislators felt like it was unfair to the tenant to have disputes with the current landlord impair their right to get credit and future housing, so they made essentially sealed these cases from public view.This will have two impacts.  

Think environmental;)

Tenants could care less about landlord incentives as it has a insignificant impact on their personal life decisions.

The biggest downside is that the servicing fee ($15ish per month) eats into the payment you're receiving and has a bigger impact on those small notes.Good plan though.

The chassis/frame height is a major factor in vehicle-to-vehicle impact.

If you give it another 12-18 months, I'm confident that these things will become increasingly obvious.The middle class migration to cheaper markets (Dallas, Austin, San Antonio, Charlotte, Phoenix, etc.) and tech center growth (San Francisco, San Jose, Oakland, Seattle, Austin etc.) has impacted the cycle a bit, so the drops may be less severe in these high population/job growth forecast markets, but nonetheless there will eventually be a flattening and price drop.The more interesting question is: in markets with an increasing trend line, will the next bottom have prices so high and rents not high enough that I cannot buy and cash flow?