A more balanced approach could see us through these dark times with minimized loss to society.

Large multifamily - primarily upper workforce housing in good locations if financed and operated right, is what will make it through to the other side with minimal devaluation no doubt.

Your money would go much farther and you would also minimize your risk. 1 asset with an 82K investment will be recovered in 12 years.3 assets with a combined 82K investment will be recovered in 10 years.

You can minimize expenses by doing a lot yourself but remember that even your time has a price.

In addition to the rent bill I have other expenses that I am trying to minimize, car/health insurance, phone etc, but I am trying to minimize those so I can get by on my rental cash flow.  

Thankfully the home needed minimal plumbing and electric work needed so we were spared bringing anything else to code. 

The broker has five years of liability on any contract so it comes down to minimizing exposure.In my state, it costs about $2500 to get your license and place it with the professional organizations and a firm.

I'm brain storming hypotheticals and learning how to do things the right way to minimize risk.

  $1500/month with minimal leadgen.When I was with C21, we had ZAP. 

However, the tightening of standards can also be a logical step to minimize their exposure moving forward in uncertain times.