If you just want to build your cash reserves then flipping is the way but just be careful - that too takes a lot of work and research to make sure you don’t lose money.  

I’ve watched investors lose momentum by sticking to a single city’s slower regulations when a neighboring municipality was more open to new builds.

As of now, they owe me:Half of November’s rentAll of December’s rentAll of January’s rentThat’s about $5,500 total, which is a lot of money to lose.

The PM vets I know will all confirm that you lose much less by lowering your rate of (monthly) rent than by missing an entire month of income! 

Hotels lose money with no guests.

Quote from @Li Li: I’m exploring opportunities in Knoxville, TN, for single-family home investments focused on long-term rentals, with a strong emphasis on cash flow.

Why would you literally wait until the last minute, when a flat tire or difficulty finding a parking space be the difference between keeping and losing your home?

I see landlords lose thousands, even tens of thousands, making rookie mistakes that they could have avoided with a little education up front.Once the first property is under contract, start again for the second.

If you put down an earnest deposit, you might lose out on that if you decide to back out(potentially). look at the agreement.The more important thing is, do you quality for conventional financing?

If you lose your source of primary income, do you have enough cash to make it through the crisis?