., live-in boyfriend, major damage.In October I will have a four-bedroom, three-bath house available and even now I am actually contemplating renting to Sec 8 because of the benefits, which may outweigh the negatives.Good luck with your decision!

We could be talking about people starving to death in the USA if we even contemplated staying shut down for months on end or a year.

I plan to keep long term either way, but I'm contemplating 3 options.

I've been contemplating buying a new property that I could rent out.

In other words they may go from contemplation to preparation back to contemplation.

EXPERIENCEHow long have the principals been investing in real estate, and more specifically, in the type of real estate that is being contemplated for syndication?

It seems that you are contemplating great options and terms like the 2% rule, but you have to know that not even savvy investors are achieving this around the US and def. not in California. based on some answers you gave above: you said you don't know anything about rehabbing, managing a property, etc Learn more about this: read the books, go to the meet ups, network. 

Sellers now are in a tough position where they would ; 1) obviously move forward with deal and close of escrow as planned sooner.2) wiling to work with buyers but don't want them to back-out at the end of due diligence period without any compensation for loss of opportunity.3) Seller are contemplating to ask for a non-refundable deposit from buyers if they choose to cancel the deal and walk away at the end of the (90) days extension.4) what is fair and reasonable under these circumstances as I don't want to risk the buyer canceling the deal completely, but also don't want the seller end up with absolutely nothing? 

Much to contemplate!

For the purposes of this Chapter, a petty misdemeanor cannot be grounds for a denial;Any misdemeanor, gross misdemeanor or felony conviction stemming from the following traffic offenses: reckless driving, driving without a license, driving with a suspended or revoked license, and DUI that did not result in additional charges for injury to a person;Any conviction for misdemeanor or gross misdemeanor offenses for i.j.which the dates of sentencing are older than three (3) years;Except as indicated in paragraph (j) below, any criminal conviction for felony offenses for which the dates of sentencing are older than seven (7) years; however, a landlord may deny an applicant who has been convicted of the illegal manufacture or distribution of a controlled substance as defined in section 102 of the Controlled Substances Act (21 U.S.C. 802), or for those same offenses that mandate denial of tenancy in federally assisted housing subject to federal regulations, including but not limited to when any member of the household is subject to a lifetime sex offender registration requirement under a state sex offender registration program.Any criminal conviction for the following felony offenses for which the dates of sentencing are older than ten (10) years: first-degree assault (Minnesota Statutes section 609.221), first-degree arson (Minnesota Statutes section 609.561), or aggravated robbery (Minnesota Statutes section 609.245), first- degree murder (Minnesota Statutes section 609.185), second-degree murder (Minnesota Statutes section 609.19), third-degree murder (Minnesota Statutes 609.195), first-degree manslaughter (Minnesota Statutes 609.20, subds. 1, 2, and 5), kidnapping (Minnesota Statutes section 609.25, subd. 2(2)), or first-degree criminal sexual conduct (Minnesota Statutes section 609.342, subds. 1(b) and (g)). (2) Credit history.(3) Rental history. a.