Although it has appreciated in the last 10 years, it's the land that has gone up, and you are basically riding the wave of great market appreciation.If you can cash flow $500/door/month without living there, and only putting 3.5% down, then it will be a home run.

With affordability locked in the rear view mirror, there is a huge wave of permanent renters that need places to live.

"flippers get in trouble when they decide to ride the wave down...." 

If you're just getting started, try out WAVE.

So yes, the trustee controls the security instruments final outcome but the dirt itself was deeded away and the fraudulent conveyance thing is a stretch in the real world because presumably there was no fraud.I agree in principal with what you're saying but it's not with a wave of a wand  this mans deed can be rendered null and void because some guy filed BK.

@Francys Crevier If you want to catch the wave, I'd def suggest buying in that area.

Even this comment is going to bring a wave of seething disdain. 

I just want to make sure I have all my bases covered before 2 months pass by and I'm standing there like an idiot waving at cars and pointing to the home dressed in a chicken suit of out shear desperation.

But I can probably plan on a drop in prices at the outset, but as many have pointed out, R/E DOES ride the wave of inflation overall. 

There are a few prominent folks out there predicting real estate price crashes driven by a foreclosure wave as forbearance ends.