It leads to deals but it's unpredictable and you are dependent on others, thus not in control. 

We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .

It's about the numbers you need the following info to get a Rental Property Cash Flow Analysis    Property Management Fees Repairs and Maintenance Real Estate Taxes Rental Property Insurance Homeowners/Property Association Fees Replacement Reserve Utilities - Water and Sewer - Gas and Electricity - Garbage - Cable, Phone, Internet Pest Control Accounting and Legal Advertising Actual Purchase Price Down Payment Loan Amount Acquisition Costs and Loan Fees Length of Mortgage (years) Annual Interest Rate

I've used an SD IRA advisory firm in the past to setup my "checkbook control" IRA that I use to invest in multifamily syndications as a limited partner.

There may be some local plays to be had where owners are over leverage and can't bridge a short term cash crunch or large players seek to ditch under performing assets at fire-sale prices, but nothing across the board. 

I don't think the minimum wage increase will effect rental increases either, NJ is a very tenant friendly state and many of the D class areas are rent controlled.

In quality control this is know as a fail/pass test as opposed to a quanititative or qualitative test, which tend to be a lot more complicated and are usually done by engineers and then benchmarked against tolerances.

Like I said above, let's just pause, do what we can do for damage control. 

Situation in China Beginning to Stabilize—Hope for Foreign Demand: The number of new Coronavirus cases has begun to fall in China and although the toll has been devastating, there are rising hopes that they may be getting the outbreak under control at last.

Price reductions on property management, Cost segregation, non-recourse loans through Fannie and Freddie…But today I wanted to talk more about the smaller things, especially if you aren’t a big player in the Multifamily space, and actually dig into some numbers!