I redeemed it in time but it scared the crap out of me....

In time it will build your networth, meanwhile collect cash flow & get the tax benefits.

I do most of my business with outstate investors and have been pleasantly surprised by how much interest there’s been from Cali in the last 2 years.

Sure, hopefully you get this answer in time... 1st - Take pictures. 2nd - Check your policy for deductible amounts before calling the insurance.

I guess the answer to your question is yes, but here you wouldn't be doing low-income at that price point.The other thing I think is important to know, if you want to operate in the low-income rental space, is that you are going to need to be flexible about rent. 10-15% of our low income tenants are on a payment plan at any given point in time.

It would all just be guessing at this point in time.

I don't know how to figure out if this is worth the risk especially in times like these where we don't know what will happen.

But was there a point in time where you decided to spend less time on the MLS & start pursuing off market campaigns?

He couldn't approve me with 2018 included, and I was denied from another bank because they were unwilling to wait for 2020 (Even with an excellent P&L)It seems there are no exceptions for the 2 year rule, with the lenders I've been dealing with..The loan officer said with the draft, he can get everything done in time for closing.

.- Always low-ball your expectations on rates and (especially) occupancy, since it's always better to be pleasantly than unpleasantly surprised.