I wouldn't say I'd be broke, but severely crippled and with no way to recoup the costs (e.g. unemployment).Come to think of it, I wonder if landlords would be eligible for unemployment if they can prove all their income is from rent and are compelled to go without collecting it for three months?

Or should I just keep studying and saving for a traditional 3.5% down payment in the same area in the next few years.

If the tenants looking for easy free money have to jump through a bunch of hoops to prove a hardship then for many the gig will be up and they will stop the process of asking.It's not about landlords against tenants.

I had an opportunity recently to get to know a Russian woman who studied to be a lawyer in Russia.

They suggest maintaining receipts for up to 3 years to be able to prove use of loan proceeds in an audit.Now that the CARES act has passed there will be some interesting beneficial provisions added to the EIDL, as follows:1.

I've been documenting my experience since about 2007 when I found out the people wanting to be paid couldn't prove ownership. 

I know our world is changing rapidly and getting financing will prove more challenging in the near future.

With the fact that you don't have enough data points to determine supply vs. demand and how it equates to value of the basement, I think you'll have a hard time getting him to budge or proving your case.

Study the industry, economy, direction its going.3.

Hi My name is Eddie, and for about half a year now I have been studying real estate concepts on my own.