They worry about a large homelessness crisis during a pandemic when homelessness can easily be avoided by simply moving in with relatives and family members, taking on roommates to share the cost of rent, or moving to a cheaper apartment.Now a lot of landlords are going to be out of rent for an entire year, not to mention depreciation on the properties due to neglect and damage and wear and tear which these landlords will have to pay out of pocket to fix if they want to sell their properties in the future or rent it to someone else once the eviction moratorium is lifted.

And keep in mind, in this day and age, one can argue such an action become criminally liable.

Cash flow, especially in this day and age, helps keep the property afloat and paying for itself without you having to put more money into it.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, immediate cashflow and at the lower end of relative rent & value appreciation.

@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.

Then an appraisal works to my benefit and the quality of the property would be very close (as I said the property I purchased had relatively cosmetic renovations such as painted cabinets).

I wouldn’t mind moving to another city that’s relatively close ( 30-40min) . 

Hello all, I've actually communicated with both Josh and Larry since the new year as Josh was out of the country for a family-related event and Larry was unfortunately in the hospital.

This would be the safest approach but also, anyone that is worried or has extra strict oversight in their area could simply avoid anything alcohol related in their packages.

The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney).