And I would challenge the "haters" to put their record up against mine.This an unprecedented and very difficult situation for our country and I guess I'm going to find out if I'm right or way off base about how people will behave when TSHTF.

I also don't know what To do about the code violations and how that'll effect the appraisal.

Originally posted by @Gina Sgroa:The stock market effect is real.   

The property management company tries to take all the profit - you pay it a management fee and maintenance fees, anything reasonable, to make the corporation holding the property effectively making no money annually.

As a buyer, I would look at the competing properties and say $1,200 is right.Loss to Lease is effectively a measure of "opportunity to improve", so I love finding properties where the loss to lease is huge, not 2%.

I haven't heard it put like that before and the right firm sounds like it could be a powerful relationship.VA loan sounds like a special hammer in the corner of the woodshop- it's really effective and works great for the people that have used it before but everyone else isn't sure what to make of it.

This will need to be a balance between health and the effect on the economy.  

  - Funding would be for 3 months to 6 months, with possible extensions TBD and evidence of ongoing effectOWNERS: - documentation = rent rolls and evidence of people who need to leave due to C19 issues- effect on ability to pay mortgage, other expenses or essential income- possibly a credit line to fund rent deferrals: this could be offered to current tenants or possibly to prospective tenants who are otherwise good credit risks. - perhaps owner would assume 5 to 10% of the risk which is better than the cost of having empty unit and also helps out the tenants. 

This should help me identify a plan to steer my way and communicate it effectively.

Effectively this is what they said, "the land market trails the SFR market trends by about 6 months, don't buy the cheap land <5k sales price because those buyers dry up in economic hard times, the more expensive land 10k-50k sales price is the sweet spot because those are your more sophisticated buyers who have the funds to put their cash into land."