Unless the house is falling down or is going to be a luxury A-class home, spending $100k on a BRRRR renovation sounds wrong.

I just had a deal fall through...

Today, I am not disappointed that I lost out on the purchase (but I am watching to see if it falls out of escrow).I figure one of two things will happen with RE 1) prices fall due to loss of net worth, uncertainty, etc.  2) RE prices do not fall and RE continues to hold its value. 

It's like riding a bike- maybe over the last few years you've been able to do some pretty sweet 360s off the ramp in your driveway- maybe for the foreseeable future, we all focus on just not falling off. 

All of the other BRRRR details can fall in to place, but this is the most important part of the process. 

Since this recession is not being driven by an economic downturn due to the Covid-19 corona virus, I think the main threat to landlords is tenants falling behind on rent due to temporary job losses.

Lenders are preparing contingency plans for owners falling behind due to current economic impacts of the situation.

As a whole, when people are fearful and not as confident, they are less like to buy a new vehicle, book a vacation (obviously that's the case now), go out to restaurants, buy new consumer goods, and discretionary spending falls.

Hi, I am about to close and I had put in the contract that in one of the apartments should be vacant upon clothing since he is living there for free, how would I be sure that it is vacant and I should not fall into a problem to need to evict?

There are A LOT OF TRAPS along the way that can/will make the deal fall through (and cause you to lose your earnest money).