The mortality rate for the coronavirus in the US continues to fall as more and more Americans are able to be tested.12 days ago the US coronavirus mortality rate was 4.06Today the mortality rate is down to 1.29%!

When you find a house that falls under what you were looking for and come in contact with the owner, how do you know what the house is worth?

The state might have a list of businesses that fall under this. 

Banks and title companies would fall under that.  

Saying that indemnifying the sponsor makes the investors liable as a blanket statement is not correct.It’s standard for any LLC operating agreement to state that the company will indemnify the managing member—this is the whole idea of an LLC, to provide limited liability to all, which includes the sponsor.Let’s say that a tenant slips and falls and sues the LLC and the sponsor.  

- I see risk with appraisals coming in lower than ARV we projected 6 months before when we bought the property, 6 months in a falling market is a long time right? 

I think the big boys are the only game in town right now until cases start falling and PI confidence returns. 

California is on lockdown and touring homes is probably going to fall under "non-essential activity" so it may get worse before it gets better in the short term.Not sure what your margins are or how fast you need to sell, but we are in desperate times and desperate times tend to call for desperate measures.

Hi @Jessica Vollendorf,I am finding a very similar situation in the Saratoga Springs, Glens Falls area of Upstate NY.

My fear is if I ride this out a few months, even if things go back to normal somewhat, the economy is deeply damaged and values will likely fall