It sounds like if you’re having problems you purchased in an area that would be hurt by the coronavirus.

I’m saying both rent and price will always go up so go lock up on a fixer upper or get these low interests while the coronavirus is still going on and if you do need land I have that which you can build multi units for cheap with the best location 

https://www.toledoblade.com/local/city/2020/06/26/kapszukiewicz-administration-delays-lead-safe-housing-enforcement-citing-coronavirus/stories/20200626079The latest and greatest on the Toledo Lead Ordinance.

It will be especially interesting to see what happens based on how the stock market has started to creep into "Bear" territory and the media is talking about the Coronavirus 24/7.

And while we aren't there we had a pretty big announcement today after Fannie Mae and Freddie Mac announced a new 50bps loan pricing adjustment on all refinance loans purchased on or after September 1st – so basically, nearly every loan that is being refinanced by them.The move, obviously meant to "help" our struggling, coronavirus-weakened economy, comes at the directive of the FHFA and is meant to curb the “higher risk and costs” associated with refinance mortgages (yeah, right).

Also coronavirus is more than likely to lead to more people applying for the section 8 program.Haven't seen the effects play out quite yet here in San Antonio, Texas, but I would be willing to say it's looking promising for section 8 landlords.

Reagor also quotes Tina Tamboer of the Cromford Report, perhaps our most respected market data analyst, who reports that the number of homes for sale is still 32% below the same time last year.Here'a a chart from a presentation Tamboer shared with Cromford subscribers:You can see that we were SO FAR BELOW last year's inventory, that the upticks in inventory are welcomed by buyers who now have more homes to choose from.Latest housing data and trendsPreliminary reports show home sales and prices climbed in March, though both are lagging indicators because the deals were struck at least a month ago, before the coronavirus shutdowns began.

If you have 50 I don't think you would need 6 months for each unit because the chances of all being vacant for 6 months at the same time is vanishingly small...at least before the Coronavirus hit!

How much though?
In Reno? Phoenix? Seattle? San Fran?

It make take you a few properties to get up to that the $1,000/month number.Short term rentals are kind of out of the question at the moment, as the Coronavirus has mostly crushed that industry with everyone staying at home and being afraid to travel.