Their stock has performed very well, relatively speaking, throughout the downturn.

You'll derive the value based on the NOI and cap rate for your submarket, as opposed to neighborhood comps, etc.While your lender will focus on the property's performance, there are other personal hurdles such as net worth and liquidy requirements that need to be met for qualification.   

“But lenders don’t want these properties back.”Smeck said lenders will likely look at a property’s performance before the coronavirus hit.

The appraisal inspection would also show if any new repairs were performed or needed by the age of the building and how well it has been maintained.

If you have second thoughts, it is up to sellers to approve or keep the deposit as non-perform case.

Most MF's are in old, rough areas and don't perform well.

Going to perform small maintenance tasks on the rentals myself as they come up instead of hiring it all out.

My one bizz associate had a huge demand for his performing notes right after the market really corrected so had a very good March will see how April shakes out for him.  

Now, if you have 40-50 performing long term rentals with amazing cash flow, then you might be able to absorb the risk.

@Jeff LehmanI can't remember if you're allowed to only perform a credit check.