Every time we place a tenant in our property we take a chance even sometime we do the best screening you might still suffer a loss.

If you constantly relever your properties on the way up, then you suffer maximum carnage on the way down, because every percentage drop in rents/market value/etc. is now leveraged against you.

Who is suffering in a market from Covid-19 so far?

My kids NOR my husband have lost wages, (son lost about $300 a month side gig but stimulus check will even that out, and now he's delivering food as a side gig)  and we are committed to sharing the pain somewhat and not playing "We're more prepared so you can just suffer" song that is depressingly popular on this site.  

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

State and federal might, but that is because they don't suffer the consequences.

So it may not be you who suffers the loss, but your tenants will........ if you're prepared to deal with that, more power to you!

My lease allows me to charge for changing the filter, but I don't with the rationale that I'd rather do it myself than suffer the consequences of the reluctant tenant messing it up.

Most PM's have a difficult time being willing to take the step back and their service suffers.

It does fantastic during expansionary times and suffers greatly during recessions.2) If you are looking to get into the city proper, that is a whole other discussion with lots of risks, but there are plenty of good suburbs. 3) Understand how property taxes are calculated and forecast properly what yours will be after purchase.