It hit hard because I did not see the signs.

I suspect you can see the flaw in the analogy. 

I am sure it will slow down in the next weeks, but I dont see the real estate market soften, if anything people have a hightened appreciation for hard assets after loosing a ton on wall street.  

Unless you can raise the rent I don't see the value in this deal.

My reasoning is that I likely won't be able to (1) fly out of state to see the property, and (2) get contractors in to start rehab during this crisis and so that would increase my holding costs and rehab timeline. 

So if you can see the name of the vendor (dead river, etc) on the tank you should be able to call and get the last years volume of usage.

#adaptPhillip Dwyer I would like to see the increase on that stat from the past couple weeks. 

I don't see the point in loans.

I'd love to see the details for sure. 

Those that have to sell are left with the few buyers that are left who expect significant discounts.For non performing notes, I think we'll see the main deals in the next few months to a year come from mortgage note funds that buy performing notes or MBS and use leverage to amplify returns.