He got 80% of the way through the work he was supposed to complete before the Coronavirus exploded.

It’s a 3-1 house in Missouri (I know 3-1s are tough to sell J Scott).Paid $19K in cash needs about $35K in rehab with an ARV of $130K.Amid the coronavirus with unemployment going up and demand going down I know it’s not an ideal time to be flipping, but I feel a house for $60K is hard to lose on.

When I looked up the town, I found the following:Swain County closes hotels, vacation rentals to reduce coronavirus spread Found this in the Smokey Mountain Times:I told them I could accommodate them for the next two nights as we haven't heard anything like this in my part of the Smokeys.Paul

Obviously we are still out a week from April 1, when most tenants rents are due for the first time since the coronavirus crisis has started, but Im curious of who believes that they will have issues, and who seems to be ok.Like many landlords, when the crisis started, I was, as I am sure many still are, anxious about whether their tenants will be paying rent. 

Prior to coronavirus, X.00% was at a cost of 0.14% of the loan amount in points/fees/whatever, for you basic vanilla owner occ 800 FICO 20% down <$510k loan amount type scenario. 

Most homes fail the 1% rule here, and the decent ones seem to get swept up by cash buyers almost immediately (I've already lost 5 bids on duplexes this past week).I don't know if it's the corona virus scare, but one of my offers finally got accepted.

In this critical time are we as live in landlords allowed to enforce a rule that roommates can't have friends come over and spend the night due to the corona virus and social distancing for your own and other roommates safety?

I still don't plan on being very profitable in April (all Airbnb properties).Coronavirus aside- I highly recommend trying the mo/mo furnished rental.

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.

https://www.yahoo.com/finance/news/coronavirus-pandemic-isnt-preventing-renters-from-moving-survey-201543004.html