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

The minimal pain you take for sharing a wall or ceiling with someone will be worth every second.

I'm really looking to have relationships with companies in the area who use corporate housing often to minimize vacancies. 

Renovations on the properties I have looked at will be minimal, and I will have reserves going into the deal.

Due to the high property values in the area, it seems relatively risky for someone with minimal experience to jump right in.

I personally like lower depreciation amounts as I like to minimize that recapture on sale.But consult with a real estate CPA like @Natalie Kolodij for best strategy. 

I know a lot of people like to invest as little as possible but I want to have quite a bit of equity to minimize my monthly costs.

The advantage of going from 25% to 30% equity, or from 30% to 35%, is pretty minimal for good credit scenarios.

I think it funny when everyone (including me) recommends new investors start in the local market for the local expertise but opine on purchases in markets that they have minimal understanding (including me).We do value adds because they make sense. 

I've been seeing the impact this could have on housing and was curious on how to minimize risk from the buyer end.Income stable for now, hoping it stays that wayYes inspection was done with minor fixes which seller agreed to fix.Appraisal came back at the sale price 2 weeks ago, not sure covid 19 impact on appraisal- if any.