The good news was it had appreciated nicely since our purchase and he felt we would sell it for about $55k above what we bought it for.

Sorry, wish I had better news.

@Sean Sullivan I am also not the brightest, but one thing you can do is read real estate news about that town to see if anything is being built!

Educate yourself before YOU are led to believe nonsense that you read online...https://www.thenewstribune.com/news/state/article244485917.htmlYou're telling people to please read and stop being sheep, blindly believing a random article with no facts or evidence that turns out to not be true.

Now a days its just another ( very often) off shore Nigerian prince scheme.. but I am sure there are still companies out there that their primary goal is to get up front fee's and never fund.   

You can see what CBS expert says about the recovery: https://www.cbsnews.com/news/wall-street-recover-coronavirus/Regarding to housing market.

I follow along with FL Realtors, BiggerPockets daily emails/blogs, and I have Google alerts for FL Real Estate and a bunch of other specific items to keep news flowing to my email inbox.Many free options to keep the knowledge coming.

The good news is that we live in LA and any property with more income producing units will sell, its just a matter what financing the buyer can get since it is limited now.Im building legalizing an ADU on my triplex right now so Ill be in this boat but I wont need to refi anytime soon so hoping these guidelines change a few years down the road. 

Investment Info:Large multi-family (5+ units) commercial investment investment in Newport News.

Greetings BP Community,The good news - I'm sold on all the benefits of House Hacking and am going all in.