As for a change to rental housing I think that larger apartments may be in more demand in the future as people work from home because they need an "office" area. 

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

Real estate runs on loans so if the lending market is drying up that seems to be indicator of less available buyers, lower housing prices and lower demand in many markets.P.S. 

Can anyone please tell me if this is typical or if I should demand the rental app and background check or simply back out?

Long term housing is in high demand here in the Florida Keys, particularly in Key West.  

Maybe the condition is not that bad but because I have zero experience, the listings I see tend to demand a lot of work in my opinion. 

Maybe the condition is not that bad but because I have zero experience, the listings I see tend to demand a lot of work in my opinion. 

There is huge demand for that.

2- if it’s vacant, that is a bigger problem now than 3 months ago. 3- ultimately it depends on how desperate sellers are, and how much of a “deal” the buyer demands.

“As long as an area’s economy is adding jobs and seeing rising wages, there will be demand for ownership housing.”Essentially, as long as people are employed with companies doing well enough to offer wages, they’ll feel confident enough to make that 30-year commitment to a sizable mortgage debt.This confidence is bolstered further by low employment numbers—as people are reassured that even if they lose their current job, there’s a high probability that they’ll find another one in short orderhttps://www.homelight.com/blog...