Every market is local, so it's difficult to answer in your particular situation.

Iin my case, 2 decades of building up a NYC Real Estate Portfolio was good enough for NYS, after I demonstrated I had enough points to meet their qualifications.I also opened up my own Brokerage Firm, Work Hard Realty, for the purpose of buying to add to my Portfolio of Properties AND saving the Buyer's Commission.It turns out that for my situation in particular, there was a lot of things I did NOT know which became a hinderance, until I got around them.The most important was that if I was NOT part of the local NYC MLS, I was not able to get the Buyer's Side Commission info.

Like @Evan Polaski mentioned, this "corona thing" is temporary and RE multifamily, in particular, isn't being affected by it....YET. 

I anticipate tourism will be down, particularly from Asian countries that account for a significant portion of our tourists.

The HOA stuff is particularly bothersome as most of the contact numbers listed are usually old so details are scarce.Good Luck.

That exit clause needs to be not only fair but attractive, particularly on holds of 5-7 years (one never knows what happens), to give investors peace of mind. 

There's a couple in particular that have a reputation for doing unnecessary repairs. 

They will also assist you in tracking your business expenses and, of course, in preparing tax statements as due for your particular type of business. 

I doubt that happened here.I'm surprised a new title insurer without existing liability is willing to accept a letter of indemnification from the old title insurer because as Tom wrote, a simple paydown of a HELOC doesn't mean it was satisfied, particularly since you advised USAA isn't willing to give a satisfaction . 

I guess my issue is this particular seller is quite old so I am not sure that would work for them.