@Allison Winston Unless you have an additional stash of cash not mentioned (which I totally get if you didn't mention it since this is an open forum), I worry that you would be under-capitalized going into a project which is a tenuous place to be right now.

This is interesting. https://www.wsj.com/articles/south-american-family-buys-eight-new-york-apartments-to-stash-cash-amid-coronavirus-11586952028Let me be clear.

Lots of joker brokers out there and right now we are seeing them not close deals last minute thereby really hurting the borrower who has paid for things has EM up etc etc..

Not only would our CoC be insane, but it would give me access to some capital should I invest down the road in this market downturn or have some stashed away as extra reserves for vacancies or emergencies during the COVID-19 crisis.

Have 4 doors now and looking for more with some cash stashed back to get through this.

When you have a stash of money for capital projects such as repairing a roof or something that will happen every five or 15 years or so, where is the best place to save that money so it is doing a little bit of work for you?

One joker thought it was worth $85,000.  6 weeks later another appraiser gave is $130,000. 

You can put your saving in a 401K or in the stock market .... and you know how that's playing for many folks right now or stash it under a mattress. 

In the SFH world, many investor suggests to stash away 1 month of rent as CapEx savings, is there something similar in the multi-family side?

Think about what you might need to stash away for repairs/CapEx.- Are the rent estimates you're using market value for what similar properties go for in the area?