Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $485,000

Cash invested: $105,000

Built as a family complex, we renovated and updated to become a 5 unit: 2 to...

A friend presented me with a deal that is 5 units on one singular plot in the Jacksonville area of NC, outside of city limits.

I would be after the bank NOW to get deferred payments while national emergency in effect!

(I’ve literally seen this in action and while it’s not necessarily illegal, it is however, extremely effective.)

PMs may do virtual showings through FaceTime or Skype, but these tend to not be quite as effective as setting foot in the property.

What we are seeing however is surprisingly little effect at this point.

As with any correction, lower income population will be disproportionately hard hit, and businesses servicing that demographic will be effected as well.I was working in retail real estate beginning in 2007, mutifamily will continue to be fine, necessity based retail (grocery stores) will be fine. 

Yeah, I've also noticed some effects @Wenliang Fu! 

This is in effect for all stays booked before March 13 with a stay night between March 13 and April 30.

We've never seen a hold on evictions in my lifetime, and we don't know how that'll effect rentals.