That is the question you need to answer as there will come a day when this will happen.Key to owning real estate is cash position, if you have cash available to you, then you can survive the storms, most people go under because they lack cash, not because they lack equity. 

I was thinking of selling, then buying a property to build on, while investing else where, but Im just wanting to get opinions from what other people think of the situation and how it compares to the whole market entirely. 

They don't have people actually going behind and checking. 

People think if they can afford the down payment that they can afford the deal but even in deals where the purchase is 90k or less you will still need to be liquid 25k because you figure:15k to close5k to front contractor to get started5k (6 months holding costs)Insurance and Misc costs: 2kSo you see the life cycle can cost 25k+ even on a small deal. 

I used to do junk removal and demolition for these kinds of companies and saw all the worst case scenarios in columbus from tenants that can pay $800 per month. check the vetting requirements, raise the price to get into your unit. 900 per month is cheap in columbus if you are buying c class make sure to take a little more like 2 months rent so the people moving in aren't scraping by

I want to focus on helping people in the foreclosure or auction stage.

I assumed these people were great.

I believe a lot of other people are asking themselves the same question right now and are sitting on the sidelines.

However, after doing my research and talking with a few people, I've been feeling SUPER overwhelmed.

Haha this is why this situation is so confusing - many people with differing interpretations!