My only weakness at the very moment is the available cash other than the properties we have with the substantial amount of equity in them.

My investment partner and I are on the BRRRR train and have noticed that appraisals seem tightly influenced by offers.

After numerous conversations with investors, CFAs, data scientists and economists in conjunction with my own understanding and study as a CFA candidate, I thought it would be worthwhile to share my thoughts on how I think this crisis will affect the commercial real estate markets in the short and long run, with a few ideas on how to position ourselves to succeed.To do this effectively, I think we need to look at the economy as a whole on a macro level to consider which factors will influence supply and demand for investment real estate.

Plus, looking at the #s longterm with a substantial chunk of cash going towards rehab, it's still a good deal.

Above and beyond that, I think HOW TO WIN FRIENDS AND INFLUENCE PEOPLE by Dale Carnegie is one of the very best books to read for any business.

* We currently live in California (southern California) and are considering moving to Menifee or thereabouts [as Richard noted, very competitive place to buy]* Not at all tied to California specifically and willing to entertain other states (esp within a few states from us) that have solid services and you think are likely to grow substantially.

Currently no mortgage on either (I own them free and clear) and both in great shape (we were fortunate to be the beneficiaries to substantial grants that allowed for new roofs, furnaces, upgrades, etc, in 2017).

Maybe you are currently with a high cost provider and making a move will save you substantial $. 

Also, taxes will be substantially lower in everything in Pittsburgh because of the city schools.

Either option would be new construction and the duplex units would be substantially similar to the single family homes in size and features.