We waited over 90 days for some checks to arrive, however, they can come as soon as two weeks.To Summarize - CERA (Covid Emergency Relief Act) and the eviction moratorium still have the courts backed up and government agencies confused.

My other colleague had rent relief programs that paid their rent for 2 years during the pandemic so they are good, but the landlord let them know rent will be $1500/month soon for 2 bed 1 bath on westhiemer (popular street in Houston), so im wondering is it best to just buy a house then? 

Unfortunately for buyers it seems the relief in pricing will not yet arrive.How do you think the trend through the summer will go as rates continue to rise?

She is several hundred dollars below market and she can feel free to apply for assistance/section 8/COVID Relief, etc... 

So there’s some relief for that one person that buys it!

@Remberto Teos,Has the tenant applied for rent relief?   

Get out and talk to people in the area and see if anyone knows of anyone who's in trouble and might need some relief by selling their home.

On the heels of your guidance, I dug into this deeper and fortunately no rules of first contact apply (which is a relief given the relatively brief and informal nature of my inquiries about the property).

You may see some relief if you are prepared to put down 55% ☹️!

A 1031 exchange (even a partial one) would get you some tax relief and position you into the new STR.