I put my personal cell phone on all of the Google Ads so when someone called in, my phone rang.

@Andy Mirza I agree that there will be vast opportunities for distressed debt in the post-Covid environment, but we won't see those assets probably for another 9 months or more.

Quote from @Rajagopalarao Paidi: I have not seen any deals with this much spread like rehab+pp/.75, is this still valid and expected, because I have not come across any in this range  Hey Rajagopalaroa--Agreed--I don't use the 75% rule. 

So assuming your son has low debt, then he should be able to qualify for a house in the low $300K range. 

Realistically if you have around $18,000-$22,000 liquid per house and its at least drawing even you eliminate the vast majority of issues people run into with over leveraging.

I am looking to stay in the 250-350 range.

Wow yes I feel like I'm hearing first-hand how wrong it could go, but I have a few questions and concerns if my standards will follow suit of the unlucky investors:-For sure I would want to work with Class A or B rentals (I had a property 5 min from my home and the tenant was HORRIBLE, so a reliable renter is CRUCIAL), but not sure if my price range would find such a tenant.

HiI was looking at some AL properties on RTR websites in Montevallo/Birmingham area which look good on paper; $260K-$270K range and close to $350/month cash flow after PM fee.

. $700/month HOA fee may deter buyers, elongating your resale timeline, and could push your ARV closer to the lower end of your range.

At that time bitcoin was still in the $200-$500 range, and he had over a $1M in bitcoins on them.