I choose to wait for a better time frame to pull the trigger on my first fix and flip. 

I believe I have the ability to help others in a time like this, if for some reason my tenants choose not to work with me then I will end up in the same position if I fret or start evicting.

A small percentage may choose not to since they know they can't be evicted.

AND they come with the stability of a consistent rent check.I will say, if you choose to go down the section 8 route, you really need to have a strong property management team in place.

Marita Jojo@Marita Jojo:  You said I am buying and have mortgage and everything ready to go and closing has been scheduled for WednesdayFrankly, I don't know all the facts and I hope that your title company opens up in time for your Closing.However, it is possible that your title company will stay closed even though the you are scheduled to close.In Illinois, Sellers and their attorneys choose the title company that will be used, which buyers usually agree to.IF my title company chose to close, I and all of the attorneys who use that title company would jump to another title company that is staying open.I'm interested in getting an update from you regarding your closing.Good luck. 

If things don't look any better in the coming months, would you hold off for a longer period of time or maybe just choose to alter your strategy (like buy and hold instead of flip)?

The tipping point would be when the average American can't get basics like food, medicine, or shelter and is forced to choose between starvation and death or violence.  

Can’t leave the house.Showings are down because ppl are choosing to only look at top 2-3 homes on their list and not see the “maybes” on the listEducation to clients:May need Pre Approval letter to approve showings of propertiesNo extra ppl at showings (mom/dad/friends/kids)Clause to extend contract for 30 days if lender/title goes out of business to complete closingsCurrent Contract already has some language if title can’t deliver on time (extend 10 days)Can AmendCan terminateStill a Seller’s marketFinding right balance of what buyers should/should not ask for to keep their offers competitiveImportant to let buyers know to try any work together (buyer/seller) to get the deal doneProperties that are priced correctly are still getting immediate showings, multiple offers and going under contract the same day or within a few days.We've already experienced this a few times this week.

It all starts with who you are choosing to finance your deals.

Let's choose to be kind and be compassionate.