Things are starting to pick up and I expect full recovery once people return to their sanity.

Those assumptions are based on COVID19 being "beaten" for clinical and epidemiological purposes in the next 8-12 months, and a relatively fast economic recovery starting in the next 9-18 months.

It seems smaller schools athletic people are letting go people. 

It would hamstring you later when the country is in recovery and you still haven't rented it.

Try 10%...and eventually lower when you have a volume of properties.To calculate the maximum offer price, you start with your rent, and work your way back from there to the max. monthly payment.Here are your expenses:                                                         Rent:                   $1650Taxes       $183                                                                         TOTAL Exp   -       828Ins              80                                                                         Max Mort Pmt     = $822Mngt         165                                                                      ..... assuming 20% down, 4% over 30 yearsTOTAL    $428                                                                       Max mortgage   =   $172,000 ($821/mo)Min CF   $400  (always pay yourself first, or why bother)     Max offer = $215k - $15k (rehab) = $200k - closing costsTOTAL    $828Cash on cash return calculation:  (Your profit doesn't start until you've recovered all of your costs (cash you put in)Cash in:  $43kCash recovery (CF/yr):  $4800Number of years to profit:  12 years  (way too long)My goal for CoCR is 2 yrs or better. 

I feel the drop in stocks will rebound quickly, especially now the full approval of the $1.2 Trillion stimulus package to China sending people back to work, this "dip" will be a momentary drop, similar to a V or a U, in the recovery time.

I expect that prices will fall somewhat, but i don't think it will be severe and hopefully won't take long to recover. I

So far, 11 states have issued debt collection, eviction and foreclosure advisories or moratoriums (requesting creditors to cease recovery activities).

So far, 11 states have issued debt collection, eviction and foreclosure advisories or moratoriums (requesting creditors to cease recovery activities).

So far, 11 states have issued debt collection, eviction and foreclosure advisories or moratoriums (requesting creditors to cease recovery activities).