After becoming a LL and a difficult tenant with subsequent eviction in that first tenancy, come the following Xmas season, I viewed the movie "it's a wonderful life" thru new goggles.

Such a tremendous increase in unemployment numbers, and we don't know what long-term effects Coronavirus and season viruses will have on the economy in the future.

Feel those variables are important to my question as well.I realize only I can truly answer this question (but even us seasoned investors can have doubt, especially as this virus is a first -- well since about 1908-ish anyway) but i am curious to know if others would cancel the 5 plex purchase (or continue the purchase with confidence) given the obvious issues with the world right now.Both properties cashflow, and all of my other properties cashflow (if tenants pay rent obviously) with the new 5plex cashflowing right around 2k per month.

Is it the wrong time of season?

. $2-4k of model trains to local museum)3) How to shelter rental income (LLC vs S-Corp on passive income, any other strategies)4) Prep for 1031 exchange5) Normal RE purchase / sale tax adviceI understand that this is the "tax / busy season", but I'm looking to schedule a first consult (hopefully) before May, and a 2-min call before that would help tremendously in trying to get a head start on next year! 

Although you must decide which relief program is best for you, we believe that the CARES Act SBA 7(a) Relief Loan is the better option for the following reasons:The SBA EIDL program already has a bottleneck of over 25,000 applications.CARES Act SBA 7(a) Relief Loans are available up to $10,000,000 vs. only $2,000,000 for the EIDL program.With the expertise and experience of seasoned SBA lenders and loan providers involved and helping to shape policy, we anticipate that the CARES Act SBA 7(a) Relief Loan program will be more streamlined than the EIDL program, and funding will be available faster.So if you don’t know now you know!

My father is a pretty seasoned investor and this will be the first project I take on with him.

This was my BEST move I have ever made because it allows me to weather ANY storm, including the Coronavirus of 2019 (COVID-19).As a seasoned Investor that when through ALL of the crashes since 1997, I would like to impart 3 things:1) If you cannot achieve a level of expertise in a profession you have studied for in all your educational history and young professional history, how can you think you will be able to achieve a high level of success in a new profession such as RE?

You do not allow leases to begin or end outside the season because it is too risky and you cannot afford the risk.

@Keandre Livingston Most accountants are busy right now with tax season.