How much value you do you place in old rent historical given that there is obviously inflation etc.Of course none of us has a crystal ball and rent can always come crashing back down with the change of tides... but I figured i'd start up a discussion.

This kind of thing can only go on so long before his deck of cards comes crashing down .sadly it seems a lot of people have got screwed

Even with grotesque timing prior to the big crash in 2007-08, your S&P investment (had you held on through the turmoil) would be a valuable investment today (chart below). 

And to your point, the quit claim deed after the mortgage is pointless, you're still obligated on the loan.Sounds like you need a crash course. 

You are late to the game because after the crash, properties were able to be purchased for significantly less than they can be today. 

A am a licensed RE agent and have rehabbed one property years ago prior to the housing crash.

That is what happened at the crash.

You don't want real estate prices crashing where you live/invest :)

This app crashes all the time sorry it won’t let me

I was just commenting that many folks are new to investing and look at the 2010 metrics as what is normal or a good deal.. we are in a new normal stage of the market.. will it crash again who knows.. but this is the marketAS the poster above mentioned you will always have the US  owner with their financial issues and hoarder houses and burnt out landlord syndrome.. so I guess like you have done it becomes Gorrilla marketing to find these deals.. so that means spending some sort of money on marketing for them.. or wholesalers or what have U..