Even if there was a fear of being underwater in this property and somehow the value plummeted from $415K to $300K we both agreed that we're in this for the long haul and don't intend/need to sell soon. 

There are properties that have all expenses with property management that average 34% or less over the long haul as the vacancy, maintenance, and pm can be cut down along with utilities and with taxes, insurance, and whatever is left its still that low.There are others that average 80% for all tbe expenses which of course doesnt include the mortgage.  

Ultimately it depends on what your end game with the properties is; Cash flow for the long haul vs. a quick(er) turnaround on your capital. 

You never know what reserves will be needed for and if they are consumed they should be replenished meaning less money available for vacations, toys, entertainment, and retirement. 

I am sure the market will recover at some point (if it doesn't we are all screwed anyway) and I realize for the next 8-24 months, I may not earn quite as much as I would have before this, but anything is better than nothing, and my commitment to investing is for the long-haul and not specifically the immediate return. 

Originally posted by @Jay Hinrichs:I get daily hot sheets from numerous states were our teams bid at Trustee sales or Sheriff sales.Today the one I get in Vegas EVERY sale is postponed.of course this is going nationwide so all that inventory is going to get bottled up instead of hitting the market.Although foreclosures are way down .. still takes a lot of inventory off the market.. keeps listings from OREO brokers etc etc.And I suspect those in the NPN business's are going to have things pile up toYes, this really bites us NPN investors in the @ss! 

A new world is emerging that will completely change every aspect of modern life, from employment to education to commerce to healthcare to, yes, real estate.Yes, I remember 2008.

However, they all express that they won't be able to move for a couple of months since the local u-haul is closed and there is a temp stay at home order.

Don't just look at short term cash flow if you are going to be in this for the long haul.

They will remove front fence to get equipment on property and after they haul away they will level the ground and get the final inspection of work complete from the city.