Admit defeat.

And that just seem defeating.

kinda defeats the purposes.You need to figure out your strategy / goals. 

At the end of the day if it isn't a cash flow positive property, you will continue having to write checks each month, and that defeats the purpose.

Which of course defeats the purpose of waiting so you can do the 1031 exchange. 

That defeats to point and counters the process our PM has in place. 

In my surmise, Congress is artificially fore-stalling the 2020 Recession form going into full effect in 2020, with Congress doing so, for months into the future, until some means are found to defeat this virus; & I don't know, nor can I guess, as to when said remedies against this virus will be effected, hopefully in 2021, or maybe will take to into 2022.

We really can't tell right now as we have not defeated covid yet.

I’m devastated, but not defeated.

But, if you do plan to cover them, you'll need to know the actual numbers: placeholder numbers here defeat the purpose of doing an analysis.You should be able to determine, for your market, what actual closing costs and finance fees will be for a closing like this.