That would make it a year long recession which is at or above average since like 1850 in our economic cycles.

@Chad UrbshottIf you are an expert in excel (like my better half) you can throw an excel macro in their that allows you to select the reinvestment rate (can select zero if you wish) to compute it.

Hi Jim, I'm not an expert on buying notes, but I see no reason for you not to flush out these deals despite the coronavirus pandemic.  

Also fascinating is the whole Chicago school of economics take on the EMH.

Find a SME (Subject Matter Expert) in your area and allow them to do what they do best.

I am not an expert in this area, but I asked a similar question on another forum where I only had one reply. 

@Jesse Byrer is an expert in BRRRR in Chicagoland.

I am definitely no expert.

Longer build up of inventory, but safer during turbulent economic times.During the last downturn in Real Estate, many of my BRRR investor clients saw their entire portfolios unzip when a small number of tenants.Currently I am seeing a huge increase in calls from my investor clients inquiring about unloading their highly leveraged investment properties.30 - 60 - 90 Day notes called by commercial Lenders (The commercial credit market will probably lock up soon if Banks don't act soon)Closing of Equity Lines by Residential Lenders (yes, a lot of lenders have it in the small print)Calling on Equity Lines by Lenders (again, the small print)Margin Calls on mortgages by lenders especially hard money lenders.A declining Real Estate Market (Many areas especially Southern CA are seeing dramatic price drops on listed homes)My questions for current BRRR investors are:.

And while related, it doesn't even address your economic vacancy expenses.