I would never put all my eggs in one basket.

Its like the real estate version of which came first the chicken or the egg.

Eat your losses and move forward, if rent should be $600, no one will pay $825 or $900 unless it's the best of the best, and it will cost you a lot of money to get it to that, and it will be tough to keep someone happy at 50% more than other rentals. 

- don't put all eggs in one basket.

I would feel different if I had to eat up part of that with taxes or penalties.

One month of vacancy will eat up two years of cash flow.I'm in a market where the average single-family sells for $260,000 and rents for $1400 - $1600.

People started protesting and open carrying guns all around because they wanted to get haircuts and go out to eat; imagine the civil unrest if we had added mass evictions to the mix, when people were laid off through no fault of their own and couldn’t get their unemployment money for too long.What would be more useful is specific rental payment assistance, which could be initiated by landlords as well as tenants, so that folks could at least get the rent paid to prevent futher losses.

Don’t get a handheld... you’ll get awfully sick of carrying 1L of paint around all day and refilling the little cup constantly eats time.

It helps if you take a very active role in building relationships with experienced syndicators and finding the ones who have a need for your specific skillset.Don't try to eat the whole apple on the first one! 

Even with the 'extra 9K' buffer you are starting with <20k spread.A few things, what if your appraised value is off 10%, your market softens either increasing hold time or squeezes your sale price 5%, those rehab maybes become definite and eat up some of that 9k, how does this deal look now?