@Julie Toh Hi this makes sense (you're speaking debt to income ration I assume).

SECOND: Govt never blindly hands out money (unless your a billion dollar defucnt airline)   Be rational...Be Real!

An average of 3.58% excluding the most recent recession caused by the RE bubble .That’s pretty much how I rationalized the deal, but I am interested where you got that 30% decrease in home values though, thanks

IF you have a rational seller, its in their best interest to continue negotiating with you. 

The other way to rationalize 100x rent or valuation less 8% (cost of sale) less an additional say x% (so as not to pay market price) is to look at other industries: if you buy a long term retirement plan and you choose to exit before the "break even" year (usually around the 8th), you pay a penalty.

I don't understand how all these other 1 person businesses can survive the short term, without furloughs, with this rationing and delays in funding when this goes on to impacting May/June rents. $1k/employee could mean a couple of weeks to a couple of days depending on the industry/job that these small businesses have to pay their employees. 

There is no rational reason to pick an arbitrary date to start looking.

The two most expensive terms a REI uses, are "rationalization" and "emotion", and when the two team up against you, you lose big time if you can't fend them off.Sometimes the best deals are the ones you don't make.

We also have two mobile home parks and very few apartments units.Let’s step back, take a deep breath and calm down to make ration decisions.

Even with the values up the price to rent ration as mentioned earlier is the best you can find.