I thought I was doing good with about a 340$ surplus monthly after expenses, however recently I ran those numbers taking into account 130$/month for vacancies and then 10% (185$) for repairs and now it’s only cash flowing 30.00$.

If rental rates decrease due to a surplus of units because people are out of work, then your numbers have to be able to work with lower revenues.

We don’t have a surplus of homes on the market.

I don't think BP will let me run that on the calculator, so its shows surplus.

I'm continuing to look, and if something fits with my investment criteria I wouldn't hesitate to make an offer.The one qualifier I'd add is that there are a lot of multi-unit properties where I live that are part-residential and part-commercial, and I'm personally hesitant about investing in retail/office space right now given both macro (COVID) and local (fair amount of surplus supply) economic dynamics.

I recently posted a job on Upwork for some web site work I needed help with. I checked back an hour later and there were 30 applicants. THIRTY!!! In 1 hour! From all over the globe! Many were as asking as little as $3...

A successful vaccine for the corona virus is more likely to appear before a surplus of homes could possibly develop.Renters rather than homeowners will be out of work for quite some time.

I pull out most of the surplus cash from the operating account and put it in an account owned by the same company but in Bank Y.

So, for newer investors or someone who wants to invest who has a surplus of cash or can wait out the stock market, I would hold now and watch what happens.

That will mean massive surplus in space, which means downward pressure on value and rents.