As company earnings disappoint (and they are currently), companies start laying off to shore up their balance sheets. 

We would like find a creative way to finance a project in rural Eastern Shore of Virginia.

Then codes for long term employees and then a code for "temporary" use.  

Some receive a government check and can't afford and apartment, some have temporary jobs with unstable income, some can't get utilities due to past mistakes or can't pay the deposit, some can't afford to furnish apartments, and some don't want the cost of monthly upkeep of a house ie lawn care.

There might be some immediate help for temporary housing and other grant programs but expect a very long wait and process to rebuild.  

This wouldn't really be a huge cash-flow deal it's more of just seeking value-ad, possibly reselling/refinancing later or just holding for easy  management.So:$1.1M Purchase Price ($600k down and $500k financed at 3.5%)$100k rehab/expenses (cap improvements, tenant turnover, holding costs, repairs etc) this is difficult to measure because it will actually get close to cash flow if we just put in temporary tenants and raise the residential unit rents$50k time/effort$1.45 potential "ARV"$200k potential profit------------------------------$1.45M Projected value "ARV" (possibly higher in a few years as this area is growing)$1.25M Total capital into project$200k Margin/ profit spread after putting in capital, time, effort, etc.It is difficult to buy into this area as I've been looking for the past year and half for something like this to spring up.  

Some have been sitting for 2-4 years and it is depleting their reserves yet they had no initiative to work with an investor even to grant a temporary, no occupancy agreement for us to rehab and resell to a 55+ end user.Hoping someone has success with it and can share an alternate route they may have used to get the deal done.

Looking to expand my real estate ventures to buy and holds and currently looking around the jersey shore market so would like to hear your two cents about your experience you've had here!

My wife and I live on the North Shore, and my partners are up in Concord. 

F) Temporary Relocation“Under Los Angeles’ rent control, the landlord CAN require the tenant to move temporarily, but only if the landlord finds and pays in advance for the hotel or other temporary accommodations, food, and incidental expenses, and the tenants have a defined return time.