I wake up, put on "Riding the Storm Out" by Illinois' very own REO Speedwagon (lol, I just realized that's gonna trigger for those who have the keyword REO for "real estate owned"), write my affirmations, remind myself I got this, and start my day.  

I recommend that you clarify what you're looking to achieve in your real estate apprenticeship and/or partnership.

@Wyatt Franta can you explain why forgivable loans that retain workers (small businesses eligible for relief as well) why this would trigger a bloodbath?

Hey Jesse,Have you considered creating a partnership with a real estate agent to get these deals to the closing table? 

Too many who frequent this site don't want to hear the downside risks to r.e.So when you pull the trigger on something nowadays is 20% rent reduction cushion built into your model?

I am not familiar with how partnerships work and if the returns would be better together or separately.

So I was thinking then it makes more sense to just pull the reset trigger consider bankruptcy and start stacking my pennies back up

I'd say we didn't have any bad experiences with our partnerships but in the end we spit because it's easier and less stressful to be on our own.

@Luis VacaWe are currently receiving order on supplies and will renovate now through the rest of the year.Occupancy at purchase was just under 90%.There are several of the units we could rent but are beginning to renovate instead.The first 30-40 were renovated before we bought and rents we’re raised so we are confident in finishing basically where they left off.A partnership split opened this opportunity up to our group.

Selling the land could trigger a clause in the mortgage causing the seller to have pay the full mortgage (due upon sale clause I think?).