- They can significantly lower their current living expenses - People currently paying ~$2K/month in rent can pay as little as half of that for their portion of the mortgage (after collecting rental income).- They gain acquisition, project management AND property management experience - all which will help tremendously when its time to scale and grow the portfolio.

Went under contract with a five day contingency two and a half weeks ago, the sh*t hit the fan the day after the contingency period ended and we confirmed we were moving forward.

I work for a property mgmt company that manages about 5000 properties across a half dozen states.

We are under contract on one property that will use half the value of the 1031, and are considering our options for what to do with the other half.

Be nice to get half that forgiven. 

@Merritt ,I believe in times like these, in the big picture of things, those that create some goodwill with tenants will persevere better than those that won't give an inch.

I have house hacked for a year and a half now in the fourplex and it is currently operating at a 14% cap with owner occupancy.

Serve with half an avocado sliced and maybe a few tortilla chips for dipping.

Ask them how much they can pay on April 1st (half maybe?)

They’ve been terrible tenants for months not paying the last month and a half, and turned the house into a squatter/drug house with a ton of unauthorized guests living there.