Some main differences from 2008 and now is that the banks and government have a better playbook towork from to keep people in their homes, most of the loans involved borrowers that could actually afford their loans, and the big buyers of distressed debt from the last cycle are getting ready to handle whatever scenario we end up with.Just my opinion :)

I have already completed my ABR(Acredited Buyer Representative) Designation, Commercial PRO Series - Multifamily, PSA(Pricing Stategy Advisor), Fundamentals of working with RE Investors, Affordable Housing Solutions, and SFR(Short Sales and Foreclosure Resource) Certifications. 

I foresee him now being able to pay the rent for another 4-6 months or so.I will be unable to afford this kind of loss as a result.

You need cash reserves in order to make sure that you can afford your mortgage payments and you need to make sure that you can save whatever cost you can.

Where I am, finding tradesmen to do anything at an affordable cost is tuff! 

Governments telling people they dont need to pay their mortgage or rent if they cant afford it, combine this with the highest spikes in unemployment ever seen. 

My mortgage out here with land cost less than I was paying for a studio apartment out there LOL, Georgia is really affordable but the Midwest market, in my opinion, fit the budget and the strategy that I wanted to go for, great cash flow market!

While many of the large markets have been hot(until now), there are many many smaller markets with affordable rentals, stable prices and fantastic cash flow.  

Better and way more affordable than IMS. 

I can’t afford new ones so painting is the next best solution.