Definitely don't get over extended on your primary residence. 

Nevertheless, while holding the line on rents, landlords have had to give ground on incentives they offer to tenants to sign deals, such as bigger allowances to build out their offices or extended periods of free rent.California Employment Update.

In sterling, much like manassas you can rent out to a large family/extended family and charge them basically "per room" if you get the right tenants.

So far the contract has expired twice and we have kept extending it.

Lets build up extend out.

This is a development project, so be prepared to fork out meaningful amounts of $ upfront during the process of determining what (if anything) is possible.I would first look through the development standards for a typical R-1 Hillside site (min lot size, length, depth, street frontage etc) and if it looks like you can form a plan that would fit into those requirements and pencil out, then I would tie it up with an extended investigation period and get a surveyor, architect, and some phone calls/emails into city planning.

Wow these are all excellent replies, I'm so grateful for your help.The common thread has been that I need to get a job, and I could not agree more.It is extremely frustrating to not be bringing in income.Tech can be a difficult industry due to the turnover both of jobs and skill sets.I have been using this time to update my skills by working on several new code projects, as I always do when I have a break.Another good and recurring point was my low cash reserves.It definitely has me feeling nervous.Maybe I could cash out some equity as a last resort, hopefully it will not come to that.The main reason my reserves are so low (aside from the layoff) is that I had to extend myself in order to get the home ready for rental.I did a lot of upgrades in a short time and then moved out of state, which was also somewhat costly.All in all I have few regrets given the way the timing of everything worked out.

Our contract was extended until Nov.13th awaiting some requirements from the seller.

@Nathan Cornett as long as the note is current most banks are willing to extend the loan at the market rate. 

A couple of lawyers that have spoken at recent real-estate investor meetings in my area (Kansas City) have said that they expect this ban to be extended into the first months of 2021 as well.