@Katrina GillrupIn my case I have created a C Corp as a management corporation to manage all my properties.It creates some distance between operation and ownership.Also the C Corp has many fringe benefit advantage.You will have to check with your state laws if the managing entity needs a specific licence or not to manage other’s property.

It is 'Start Your Own Corporation' by Garrett Sutton.

Prices could also plummet in a few months when many are still not back at work and we have more fully realized the full effect this event has had on our nation's GDP.

Help for Airbnb and Vacation Rental OwnersWhile long-term effects on the short-term rental industry are debatable, here are some things you can do right now:Reduce your vacancy rates as much as possible by offering discounts and being more flexible during this timeCut your expenses by eliminating welcome gifts, reducing amenities and subscriptions or applying for mortgage deferral programs, as discussed aboveIf you’re an Airbnb host, apply for cancellation reimbursement under the $250 million Host Relief Fund available for qualifying cancellations (up to 25% reimbursement of what you would normally receive from a canceled booking)Consider turning your short-term rental property into a long-term rental, at least for now, as the traditional rental market is not expected to be impacted as severely as the short-term rental market  Additional ReadingResources for Property Owners and Agents from the National Association of Realtors is a great list of general recommendations and resourcesList of Relief Programs Offered by US Banks, published by the American Bankers Association, is a comprehensive list of specific measures banks across the US are taking to help borrowers in needCOVID-19 Tax Resources Center by the Drucker Scaccetti tax services firmLegal Guide for Landlords by Julie Anderson, written for the Mid-America Association of Real Estate Investors, provides general legal guidance and advice for real estate investors  Please let me know if I missed anything, or if there is any inaccurate information, so I can correct it.  

National and regional banks have shut down for the most part.

Just reviewed title today with a $400k National City refi mortgage from 2008 replacing a 2004 loan but now sitting behind a $100k HELOC from 2005.

A large target can be created by having multiple properties with high equity, or a high net worth/savings.Keep in mind that in the state of CT, if you're going to own real estate in a LLC, some things will change - i.e. evictions.If you are still going to be actively managing the property once you move out, a LLC may not be the best route for you, as any good attorney will be able to pierce the corporate viel afforded by an LLC in the event that something goes wrong.

(Premiums can be paid monthly, quarterly or just once per year.)2) Look through old mail, and new/incoming mail, for any bills from insurance companies.3) Call the insurance agent for her auto/home policy to see if she also had a life policy with the same agent.4) Check with her employer (if she worked) to see if she had a policy there.5) Try this: National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator ServiceGood luck.

I am a part time inspector and investor but there is some good money to make and you c an use your expertise towards buying properties because you will see the inside of a property, and there is a lot of crazy things out there.tell you friend to start looking in to InterNASHI.org or ASHI this are the biggest national associations and have tons of training.

If your wife's friend is with a national or super regional bank, like Chase, Wells Fargo, US Bank, etc, even that relationship may not help since these banks have very strict underwriting rules, and anything outside of that box gets denied.