It will be the wild west, people will be needing to sell, major rehab needed, a whole bunch of displaced workers, refineries down, destroyed homes. 

The most frustrating thing is how simplistic much of it all is, it truly is simple, yet never done. instead, wildly complicated gymnastics of BS is what happens, because that's what makes a person who earns $144k a year, MILLIONS per year, seeming by magic. 

MA agents will often refer to RI as the "Wild West" of real estate.  

It is like taking wild guesses and the property taxes can be significantly different in area where in some areas the property taxes are 200% higher.

most people wont buy this stuff.. it just sits there.. sellers were old couple up in Washington state they just got tired of paying tax's..But there was deductive reasoning there.. freeway interchange . new home depot.. take a risk what the heck it was only 27k  now with the big fires the city is fast tracking us.. but you can't count on massive wild fire to make your deals..

There are a bunch of wild things that happened to districts and bondholders and builders and homeowners during the crash in 2008.

We are able to do this because we are only 24 units, expenses run wild in direct proportion for the size of your building.

If all you care about is cash flow you, would be better off asking what the cap rate is in the area but even that is going to vary wildly because you didn't like what you invest or want to invest in.

That being said, many investors mix capital expenditures with expenses for certain tax strategies, so understand before your jaw hits the floor that many T12s will be wildly inaccurate. 

Hello everyone, I hope all is well during these wild times.So I wanted to start a discussion and see what everyone experiences have; been trying too, failing too, and successfully obtaining Hard Money Lending right now, during the COVID-19 outbreak and stock market hiccup?