My friend buys the note at like 50% remaining value.I don't really like note plays for just extracting yield on them I would want to eventually own the dirt if it came with real estate.

If the fed/treasury are successful with turning around the US economy with stimulus they might then have to deal with an inflation problem which could make PRIME rate pretty scary.

Feels like the pandemic risk is just the first domino to fall followed by turbulence in credit markets, inflation and regulation.

My thought is ask people to pay 70% of their rent and tack on anything not paid over the course of the remaining rent payments for this lease.  

In the event the requirements set forth in this paragraph are not complied with, Tenant shall remain responsible for rent until such time as the Lease expires or the premises are re- rented.

I hope everyone is and remains healthy and safe during these challenging times....I'm a first time flipper and I could use some help/advice. 

Something like late April rent, or partial April rent, and then catch-up once the gov't assistance comes, or payment over the remaining months on lease.

Yes, it’s still a seller’s market.Depending on who you ask, it’s either a return to normal and everything is going to be great again, or the last gasp at the top of a market cycle before the unemployment/stimulus runs out.Nearly everyone agrees that taxes are going to have to go up to pay for all of the government rescue programs.What kind of taxes and how it affects RE remains to be seen, but it’s not usually good - particularly if they target 1031 exchanges, alter the RE depreciation schedules, eliminate the 25K loss that can be taken against ordinary income, etc.Similarly, we won’t know the effects of the mortgage forbearance programs, and eviction suspensions in some states, until later this year.But for right now, yes, things still look pretty good out there (if you’re selling, anyway).

Emails, text messages, family distractions, phone calls, etc... anything that is NOT an immediate emergency and captures your attention during times you need to remain FOCUSED would be considered a distraction.I highly recommend Stephen Covey's "The 7 Habit of highly effective people".

Purchase price 160kValue 190-210kpaying existing PITI 750/mo (68K) plus an extra 350/mo towards the difference of the mortgage and remaining principle.