On a large claim, say a $100k kitchen fire, an ACV policy could depreciate your claim up to 50%. 

He doesn't even have to say a word--just do slow laps around the building.

@Jacob Sampson thank you for the advice, when looking at properties what would you say a healthy cashflow per month is?

First I’ll say as I’ve said on a previous post; What do options available to landlords have ANYTHING to do with whether or not a Tenant makes their rent payment?

Sad to say, a lot of the investors don’t have the liquid cash to come up with an additional 10% down, 6 months reserves ect.The business will still continue but I’d look into your contacts and find your cash buyers and run the deals through them.Lastly, comps and ARV from last month won’t work in this market right now.

You can lose your job, get high CC balances or say a lot of stupid things to the lender that will give them second thoughts to lend to you.

Having single family homes is different than say a single 10 or 50 aptartment bldg.

I have heard people say A and B class apartments is where it’s at because their jobs are safe and they can work from home.

I'm new to this kind of real estate deals and wanted to know what I would need to lock down a verbal commitment, on say a subject to deal, to contract.

There in lies the rub, as they say, as this can be challenging the more investors involved.Other items of Note:Talk with a commercial lender, especially with the current state of affairs, and submit a personal financial statement to find out if 20% down is actual.