Be patient, build a team, gain expertise of your market and price points and then execute rapidly when a deal meets pre-establishes criteria. 

The area is obviously changing rapidly.

*although I live in an area where rapid appreciation just doesn’t happen, so that’s not part of my long term planning, so disclaimer there on my opinion.  

We booked a property with VRBO months ago and asked them about cancelling last week when it first became apparent that the Covid-19 virus was spreading rapidly around the country.

Nothing about investing is easy it takes making mistakes and learning at a rapid rate to gain experience and knowledge and if you don’t want to grow exponentially then going slow and getting that first property like most experienced investors will say is most crucial.

Im an investor in Grand Rapids MI, Ive done four deals so far and they have all come from the MLS.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Rapid City.

My calendar is rapidly emptying, I'm thinking of putting long-term rentals in all my properties.

We believe that either of these actions would materially increase the risk of unnecessary loss or otherwise avoidable problems for the vast majority of our investors who have not requested to redeem and intend to stay invested for the long term.We recognize that the current coronavirus pandemic is evolving every day and therefore the situation may change rapidly.

We will have a bad 2 or 3 months but, assuming the corona virus is brought under control, things will sort themselves out fairly rapidly.