Yes the time is great for rental investing. I am finding deals that will make money everyday. I have helped my father purchase 5 different properties that all make anywhere from 200 to 400 profit a month. My guess is that with the government buying up many of theses assets they will be ready to deal and the rental market is always busy. As a agent with only a year under my belt. I spent alot of that year doing Rentals and they move very fast. Please contact me with any direct questions and I can send you searches of many different neighborhoods that are good rental areas and let you know what a good purchase price is to have the property generate income.