If you are into creating long-term monthly-income producing wealth, then buy the right house, for the right price, in the right neighborhood. 

From the pool of inquiries, there would have been much more applicants except I let people know that there were already too many applicants AND that they MUST meet my criteria of over 700 Credit Score, 45 times monthly rent AND have a healthy savings account to weather the lockdown.I chose the best applicant who made $200k per year and had $200k in savings as well as over 700 FICO.Apts like mine in buildings like mine are incredibly desireable now.Basically, there's a huge problem with skyrises and Pandemics.People are afraid that if they get into an elevator that they could be trapped in a small space with someone that has the virus, which will then transmit it to them.Also, the management for the skyrise buildings are not permitting IN PERSON showings AND many are not allowing moving in or out of the building because of the risk of increasing the transmission to vulnerable tenants within their buildings.That narrows down the amount of available apts.Buildings like mine, non-Elevator walk up buildings which are low density and separate Garden Apts, are now the most desireable buildings to own in a Pandemic in NYC, as I am seeing anedotally.However, this is only true if you are in the right kind of City, where most of the buildings will be very large skyrise elevator buildings where there are huge amount of renters.Adding to the attractiveness of low density buildings is the fact that NYC is the EPICENTER of the COVID-19 pandemic.Yes, this is one single datapoint.

Its not easy to find the good deals (you haven't created the contacts yet, so most new investors run to the multiple listings for deals, which rarely will produce them).

Stay safe and healthy.

I informed the seller who then quickly produced a lease for a tenant.

Many wholesalers now are just doing robo calling and trying to get folks on the phone I get one to two of those a day.. most I don't talk to some times I will .. many of these are using off shore call centers so semi broken English reading form a script.. but they produce leads.. its just like buying a car.. the sales guy ( telemarketer) then hands you off to the closer.. then you have the I buyers backed by wads of VC money big advertising budgets and super sophisticated web sites that spit out automated offers.. the business is changing no doubt.. and there is no doubt like Will Bernard stated its probably the toughest thing in real estate to master ergo 9 out of 10 never get past first base.. 

He thought to himself "I have three healthy sons, I'll tell them about it."

I read about a boy that became infected with the fatal protozoan species Naegleria fowleri while swimming in lake Havasu about a week ago.It enters the nasal cavity,attaches to an olfactory nerve,migrates to the brain and the waste it produces destroys the brain.

This deal isn't financially (profit)sound, I was just going out on a limb for somebody other than myself before the holidays and found myself unable to produce.

I have seen people who are young and inexperienced, yet have alot of enthusiasm, go to work for a top producer in a top real estate firm, as an assistant, do very well and later turn that experience into a great career of their own.