The city council has a strong socialist mentality and is extremely anti-landlord.

Uncertainty is what leads to opportunities and uncertainty will be at its highest between now and the next 30 days.Lending is the other risk out there which could lead to prices dropping but the Fed has been extremely aggressive to make sure that’s not a risk.

The odds of all your tenants being laid off is extremely low as the unemployment rate went from 3.5% to 5.5%. 

I know the space extremely well.

Ok, a major disappointment, but you’ve acquired some very valuable feedback from the experience: you need to be better at analyzing numbers, managing contractors, or this doesn’t match with your skill set, etc. 

This is extremely important and brings me to another point, you have to be comfortable with your lender.

@Enis Shehu I would be extremely grateful for the sharing of this knowledge as well, if possible.Thank you either way in advance,

If you need the government to bail out your investments you’re gonna be disappointed

@Whitney Hutten in addition to that, I understand that inventory is extremely low, I have put about 10 contracts on properties and they all had pending offers either that day or the next, that’s also one of my concerns with pulling out

But an extreme level of delinquency puts the Servicer in an unmanageable position.