Often times that's enough to have them realize that getting the next car, phone contract, credit card - is about to get a whole lot tougher if they don't pay you what they contractually owe.Go get what's owe you.  

Projected cast neutral (we use conservative numbers, for example our maintenance/cap ex allocation was $500/month) at purchase (tougher to find now). 

Cash buyers and other experienced investors are jumping on off-market, undervalued deals, but these deals are tough to come by and even tougher to CLOSE for newer investors.Here are the reasons why folks use the house-hack strategy when building/growing their NYC portfolio:- They can get in with a low down payment - You can get into a multifamily property property in Queens, Brooklyn, the Bronx, and Long Island with less than $35K!

The people who took out HELOC's on their personal homes (borrowed) to be able be in this business might be facing a double edged sword if their W2 income is effected by this.Losing their homes would be a tough blow, a lot tougher than having to sell off an under performing SFH rental.It used to be called "Betting the Farm".Hopefully we pull out of this thing before it gets that bad.

You can find almost anyone these days, but sometimes it's tougher than others.

They seemed intent on trying to complete the loan, but I didn't want to tie up resources that could go to someone else in a tougher spot.Thank you and be well.

So you may be dealing with a tougher rental market with a smaller tenant pool as folks are displaced and cannot afford their current neighborhoods.

Buyers typically pay more when going unrepresented and have a tougher time navigating the process from start to finish.Best of luck to you moving forward!

It can be a bit tougher in expensive cities, but it's possible.

(*Thoughts: there are some multifamily homes on the MLS that seem like decent deals, but I am not acquainted with the tougher areas and do not want to put my family in a danger area).