The appraiser gets hard to deal with because she's "essential" and she's upset that she has to work from the pictures my tenants took instead of walking through their unit and I can see things going sideways.

Even in Covid-19 world, you have to keep a firm grip, or that stimulus check will be used to purchase a new TV or something else non-essential. 

They also want almost 12 months reserves CAM and rent averages to feel secure the owner can work through COVID going away and possibly returning again in the fall.Lenders with STNL investment grade tenants with essential businesses the lenders are not imposing those reserves and still giving great rates with minimal down.So the retail centers now for us to consider buying the cap rate has to be REALLY HIGH for dealing with that otherwise you lose one tenant and fill another one up and do a lot of treading water for not much extra additional yield.

Also, your experience as a park operator will have significant impact on whether a loan is considered, as well as your ability to negotiate the terms of the loan.

I am trying to differentiate between impacts to the owner who installed the heater and potential impacts to others.   

I'd spend 10x more time on a partnership agreement than I would on a business plan, as it is going to have much more of an impact. 

Essentially a GC is a project manager, so if you are capable of pulling it off, I see no reason you would need one.

If your job is solid, and it won't impact your DTI enough to make it so you can't go buy the next property you want to, just keep it.

Hey Adam,My quick take is that the basement rental is going to be essentially non-conforming. 

@James R adunaKeep in mind that in order to take a distribution under the CARES Act you must have been impacted by the virus in one of the enumerated ways.If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.