Again, this is a unique scenario due to the reduce principal amount borrowed being the main driver of savings rather than a reduction in interest rate, but less per month is less per month, even if it does reset the 30 year clock by almost 1 year.  

This was indeed a unique event, a first in 19 years in the business.

Hi Tyler, SLC does appear to be a unique market to invest in.

It seems to be moving out the poorer neighbors and there may be some opportunities worth exploring there.

You may also want to consider exploring the solo 401k for investing in real estate as it can be leveraged without subjecting it to UBIT. 

You may find unique areas like this in some markets.

I'd reach out to someone you know or get a referral from someone you trust and run it through them...at least explore more options with them but shortsale is definitely a clear option

I think it's important to (as you suggest) to determine what it is you're getting (in reality) and how much it actually costs to place the properties in a holding company, such as annual corporate tax return, taxes, etc..In fact, after being solicited repeatedly by other investors I am currently exploring options with my legal and accounting councils and money lenders for how to best setup an R.E. investment corp and honestly it's a bit of a quagmire.In contrast, I am in no way experienced in US real estate investing but from where I sit it appears there is a bevy of beneficial structures that are *truly* investor friendly. 

@Johnathan Butler  Multies have their own unique sets of risks.  

Continue to explore what the niche and go into action!!