Here's the official COVID-19 website for California that the state just launched: https://covid19.ca.gov/.It has current information on how to stay healthy and avoiding catching/spreading the virus, links to school districts (so parents can find out which schools are closed) & public health authorities, as well as helpful resources that people will likely need during this time of crisis, such as how/where to file for unemployment, disability, family leave, or get help for small businesses. 

Not purchasing flips or long term projects.Stay healthy!

Using a semi to high gloss finish will be more durable and easier to clean than a flat or eggshell.

Below are the expenses I am carrying:Expenses:Property Taxes: $1,626 annually ($136/month)Insurance: $714 annually ($59/month)Maintenance and Repairs: $900 annually ($75/month)Capital Expenditures: $960 annually ($80/month)Utilities: $0Advertising/Administration: $300 annually ($26/month)Property Management Fee: 10% of gross income = $1,200 annually ($100/month)Tenant Placement Fee: 50% of first month's rent = $538 annually ($45/month)Turn Reserves (Cleaning): $500 annually ($42/month)BreakdownRental Income $1,075 - 7 % vacancy = $1,000/month ($11,997 annually)Expenses = $561/month ($6,737 annually)Expenses/Gross Income = 59 %For the record, when I called the County Assessor's office, they told me the assessed value is $81,300, and I would be paying 2 % as an investor (number is carried above). 

Warmer weather (dry+hot is not healthy if you are a virus) and more sunlight (UV light kills viruses) will make it much harder for the virus to stay alive long enough to make it to the next host. 

So assuming you have the recommended healthy reserves that can cover six months of payments, and mostly stable renters, what's the strategy?  

This home is super clean, with an almost completely new interior.

Thanks in advance for you input and stay safe and healthy!

Stay safe and healthy. 

Please let me know if there is a more clean way to hold/manage these properties, and maybe if having a professional do my taxes is a good idea.