So I'm doing the local part of measuring spaces, advising materials due to the comps, establishing and fine tuning a scope of work for client and contractor to agree on, etc, basically making sure things go smoothly and clients are well informed of all options/costs.

The attorney representing the landlord motioned to continue the case until after July 27th and the magistrate took the suggestion under advisement (meaning he's going to look into the matter and issue a written ruling in a few days).This suggests I witnessed my area's first application of the CARES Act on evictions - our court system seems to be broadly applying the standard and afterwards very politely invited the attorney to move the decision to an appeals court so it could be properly reviewed.

What I described above is a much more advisable way to put yourself in the same position - no cap gains, access to capital, and liability protection.

I would not advise paying top dollar for any property at this point in time.A good option may be to find a house you would like to live in well below market value that needs remodeling.

What is advised when asked what your plan is when trying to purchase off market properties in good neighborhoods?

Hey Salman,I'd advise you look into REAPS.https://www.reapsweb.com/If you're in Tacoma, they have monthly meetings at the Poodle Dog.

I can't advise on the BRRR or fix and flip.

Would it be advisable for your CPA to operate in the same state/city as your properties? 

If you're planning on selling the property soon, it'll be easy to get a realtor to advise you on what renovations attract buyers and which renovations bring higher sale prices. 

While this is not advisable in some cases, it's also not unheard of.