I've worked on so many deals and analyzed so many that it all falls apart during the due diligence period.

The other higher value house is vacant.Hopefully our primary agent doesn't take it personally if I'm open I'm exploring other avenues to list, too.I seem to remember some states brokers and lobbying efforts making FSBO a lot less possible/friendly, and I can't remember how Iowa falls because we haven't listed something here that way before.

The great recession in 08/09 with free falling real estate prices was definitely an exception.

Now many people do this anyway and I hear banks have a 1 year look back period so most people wait 18+ months and then do it and as long as they don't fall behind on the mortgage the bank should never look back at the loan.

As an educator who is adapting to "remote learning" I am also trying to connect with more folks digitally, because a single guy with a dog living in an upper duplex currently while I understand the importance, shelter in place sucks.Here are some details on the deal:The former owner was a hoarder and had let the home fall into rather rough shape. 

What are your thoughts of San Antonio in general with the current economy and how fast decent buys fall off the market?

This falls into the category of wait and see, you and your son have not done anything wrong yet, and the landlord has not reacted to the nonpayment of some tenants, so there is nothing for you to respond to yet. 

Many people are worried about rents falling because of the sudden flood of Airbnbs on the market but given that most of them were purchased in the past 3 years and mortgages have to get paid, I don't foresee any major longterm rent reductions across the area.And finally, multi-family is tight as always.

I sold one of my rentals a couple months prior and was actively searching for good deals to grab up and this one seemed to just fall on my lap!

Tree will fall on the house an hour before you leave for vacation .