Purchase price: $246,000 Cash invested: $80,000 A 4 plex built in the 80's. 1 apartment has been remodeled from floor up, new appliances, all others have been minimally upgraded.

Generally you cannot refi a purchase for 6 months after closing and you could experience some delays getting this rehabbed and rented.

It may a little bit of a delay with appraisals. 

Due to the inevitable backlog in both the courts and sheriff's office, we anticipate significant delays even after April 3, 2020.In Kansas, all courts have been restricted to emergency operations until further notice.

If you don't, then you need to get creative with your rent rates to get someone in and minimize the impact.

In general, this is going to impact r.e for the next few years but the situation is still somewhat infantile and the ripple effect on r.e is always a delayed response.

My question is can I delay installation of the new HW Heater until rent is paid? 

I would assume that Montana is better at minimizing the damage that the virus has had on the rest of the country (wide open spaces and relatively small population centers).

On the bright side, the full rent amount will be due when the moratorium is lifted so they aren't getting out of rent, it's just delayed.

I ended up offering the option to delay April’s rent and set up a payment plan to get caught up.