After some time passes (remember it could years away) they give the accounts to collection agencies, both the forgiven ones as well as the ones where the lender retained the rights to sue and they et the collectors chase them all.

That's 11% cash on cash return.I wouldn't turn two 1BRs into one 2BR unless that doubled the rent I would collect.

My thoughts on how we let the whole thing happen goes back the conception of the federal reserve system by a group of competing bankers in secrecy (all public data now).

Here is the meat of it:Statistics compiled by data aggregator RealtyTrac hint at the magnitude of the problem nationwide.

Here is an article that points out how the data from lenders is not to be relied upon without scrutiny from outside the industry.

You can collect a decent lump sum up front and charge a premium where you can cash flow 200-250$ a month, then it would be worth it in my eyes simply b/c they will take care of the property better than renters and I also don't worry about the repairs or broken toilet calls at 2am.

In New Mexico servicing the contract is called "escrow," but in other states it is "account servicing" or even "contract collections."

If you don't have actual MLS sold data, you don't have the full story on prices.

I deduct all that sort of stuff, also any subscriptions or fees that I have to pay to acquire data. my cpa says that is fine.

I'd look at the Case Shiller home price data and compare that to inflation.