You guys are way over my head on some of that. I should try harder to follow the market.
There is money to be made on foreclosures for the rental market. Even for you guys that do not have money to put down, do a for sale by owner on contract, when the title is transferred into your name refinance give the seller his/her money and put it on the rental market. Instant equity just make sure the building pays for itself. No doubt the rental market is on the up. Then sell when the real estate market recovers.