With a multi-family property, it is very unlikely that all of your units become vacant or non-paying at the same time.

Note that active income isn't the same thing as non-passive income, it's lower bar that just requires that it's a business activity that isn't just entirely passive. 

There is no issue with eviction for non-payment of rent during the winter in Wisconsin.

But generally speaking with the new landlord rules etc I wont fund occupied houses whether at auction or non Auction I want them vacant before we fund them.

Dumb Debt also means that the owner takes on recourse debt and personally guarantees it instead of non-recourse debt or other people’s debt (OPD) or cross collateralizes it with highly appreciated assets with low debt to value ratios.

Looking ahead, once you secure a tenant, perhaps this is something that should be explored to make the next lease up easier.Also, @Caria Mitchell raised an interesting point in saying: We are experiencing a shortage of qualified applicants, I’ve noticed non-conventional applicants vs qualified applicants that don’t have a voucher or some form of subsidy. 

Absolutely no screening activity involved whatsoever other than these non-fair housing related mentions. 

@Jon LatorreWhat kind of annual rental yields do you get in a non-Covid world?

Lots of medical in KC - hospitals, medical school, etc.

If you can set up as a non-profit you might get foundation/grant funding for you initial capital.