I think you are right that these institutions will buy up huge amounts of these homes as they get foreclosed on owning an insane amount of properties. The cracks have to be forming out there for a lot of things and they will try to kick it down the road which often delays or makes the situation worse.
If this foreclosure wave ends up as bad as last time I'm just going to do what I did last time but do it on a larger scale. I think there will be a ton of these properties I can take down subject to existing financing if they aren't way upside down. Plus taking down these properties on other continents would be a flex as well.