Cause one party is always trying to make the other look bad and vice versa.Plus election year doesn't help.Hopefully we'll learn from this and build extra hospitals and have them stockpile mask, and other items we are short on to prevent this from happening again.

What the market and unemployment conditions are telling me is to stockpile cash feverishly in case opportunities arise.

The money from property management has been slowly stockpiling within the LLC account over this past year and I am happy to say that I am almost ready to repay my lowest cost investor!

I would add having a stock pile of cash (or access) is a good thing when a good opportunity comes along in life.

If all else fails I will wait and stock pile reserves while I study for alternate strategies.  

Depending on your situation, it may be wise to stockpile more cash. 

Obviously don't violate your own lease, but lock away all those expensive basement items.I would also start stockpiling as much money as you possibly can for repairs on the unit.

If you wanna try to time the market, just stop buying and stock pile cash to pick properties up at a discount

Chances are if the fire department is calling them, they are a reputable company not a fly-by-night gang chasing around fire trucks.To the unfamiliar standard insurance prices seem high until one starts to consider the tremendous amount of capital it takes to have a 24/7 response, a stockpile of materials and equipment and the hefty price tag of liability insurance for this type of work (BTW--all the aforementioned are things your "handyman" likely isn't going to have.)

I would recommend you get a brief history of how the tenants have performed from the current landlord (missed/late payments, how long they have lived in the property, how long their current leases are) and see if these existing tenants meet your requirements.Pros:No money spent on advertising/placing tenantsYou receive rent payments immediately (helps offset your initial costs if the units were vacant)You can start to build stockpile of cash for when those units do turnover, rather than having to come up with capital to renovate off the bat.Higher cash flow (rent payment income, no vacancy expense, no turnover cost to re-rent the room)Cons:Tenants could be nightmare tenants (damage, no payments, refuse to leave) - but you can get this info from the landlord/neighbors/tenants themselves.Don't meet your tenant requirementsClash of personalitiesPersonally, I think inheriting tenants is a good thing, so long as they are paying rent and have a decent track record with the current landlord.