But it should be minimal at best. 

But what I read in several advisories sent out by law firms that represent financial institutions indicate something else: Like this advisory from Thompson Coburn, that quotes a joint statement put out by all credit agencies (FDIC, etc.): "The agencies have confirmed with staff of the Financial Accounting Standards Board (FASB) that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief, are not troubled debt restructuring."

You'll get better buying terms, and minimize your risk. 

I currently live in Salt Lake City Utah and would like to invest in either Ogden or salt lake area.My question is the slc and Ogden area are great and have fantastic potential to my minimal knowledge but what are some of the best areas to invest in the entire US right now?

I understand that the reason for this is to minimize any risk of being sued etc. in other words, if someone broke their ankle on a particular property and they decide to sue, if the property is set up as is own LLC the plaintiff makes a claim against only that property.

The language in the WB-11 is this:APPRAISAL CONTINGENCY: This Offer is contingent upon Buyer or Buyer’s lender having the Property311 appraised at Buyer’s expense by a Wisconsin licensed or certified independent appraiser who issues an appraisal report312 dated subsequent to the date stated on line 1 of this Offer, indicating an appraised value for the Property equal to or313 greater than the agreed upon purchase price.314 This contingency shall be deemed satisfied unless Buyer, within ________ days after acceptance, delivers to Seller a315 copy of the appraisal report indicating an appraised value not equal to or greater than the agreed upon purchase price,316 and a written notice objecting to the appraised valueWhat is unfathomable to me is that the State Of Wisconsin approves that garbage.

We're down about 26-28% off of the highs but that means we're only 5% below a bear market indicator.

But, where there's smoke, there's fire usually.I completely agree that all indicators are heading down.  

@Jay Hinrichs We also reached out to our private lender to see if he will restructure the original financing, so thank you for that tip -- carrying 13.5% at the moment, not ideal but with no points and no track record and a minimal rehab, we thought we would be golden.

Rates are awesome right now- better than mortgages- but I see minimal upside going forward and a lot of potential downside.